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31 minutes agoWhy Applied Digital Surged After Nvidia Bet $2 Billion on CoreWeave
Applied Digital ( NASDAQ:APLD ) has posted strong gains in 2026, rising nearly 68% year-to-date. The company has largely shaken off the concerns from last year over its heavy debt load used to finance rapid AI data center expansion. Yesterday, its stock surged more than 14%, closing at $41.35 per share, and Nvidia ( NASDAQ:NVDA ) deserves credit for the gain. Debt Remains a Growing AI Headwind
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