Tag: Applied Digital

3 articles with this tag

CoreWeave's results ease bubble fears and lift AI infrastructure stocks

According to Reuters, CoreWeave's results lifted Nebius, Iren, Oracle and Applied Digital by 6% to 14% and also supported Nvidia.

AI data-center stocks fell and renewables rose after Democrats swept the US midterms, as investors priced in tougher oversight of the AI buildout.

Soluna and Applied Digital will form a joint company to develop a 50 MW AI data center beside the Briscoe Wind Farm in Texas.