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Tom Gardner's 2025 Closing Thoughts: AI Disruption & What to Do Now ›
Times

Nvidia Invested in Applied Digital: Here's What Investors Need to Know About Nvidia's Latest Buy

By Parkev Tatevosian, CFA – Sep 10, 2024 at 7:11AM EST

It might not be a big deal for Nvidia stock investors, but it sure is for Applied Digital shareholders.

Fool.com contributor Parkev Tatevosian discusses what investors need to know about Applied Digital (APLD +16.53%), the most recent company Nvidia (NVDA +3.80%) has invested in.

*Stock prices used were the afternoon prices of Sept. 6, 2024. The video was published on Sept. 8, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Nvidia Stock Quote

Nvidia

NASDAQ: NVDA
$180.76 (+0.04%) $+6.62
Applied Digital Stock Quote

Applied Digital

NASDAQ: APLD
$27.85 (+0.17%) $+3.95

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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