Nvidia Just Dumped Its Entire $182 Million Applied Digital Stake. Should You Follow?
Source: Motley Fool
2026-03-03 14:13:00 ET
As the beating heart of the artificial intelligence (AI) boom, Nvidia is a kingmaker in the industry. When it takes a stake in a company, the market pays attention -- so too when it exits a position.
And that's exactly what Nvidia has done with AI data center developer Applied Digital (NASDAQ: APLD) . After acquiring a significant stake in the company, Nvidia just sold all of its 7.7 million shares.
So what does that mean for investors? If the most powerful company in AI just sold its stake, should you sell, too?
Applied Blockchain Inc.
NASDAQ: APLD
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