NVIDIA Bought This Data Center Stock. Should You?

29/12/2024 14 min

Listen "NVIDIA Bought This Data Center Stock. Should You?"

Episode Synopsis


Applied Digital stock is trending lately after NVIDIA announced an investment in the company. But is APLD stock a buy? Well, Applied Digital has been pivoting into the "next big thing" since they were founded as a potato farm in Idaho - yes, really. When crypto was starting to become "hot" in 2021, they pivoted into Ethereum mining, and now that AI is all the rage, they're suddenly a data center stock, offering GPUs-as-a-Service. Keep in mind that this company buys lots of product from NVIDIA, so NVIDIA's investment in them should be taken with a grain of salt.




Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/SDe0HiedgUE.