Digital, Macquarie and Applied

Applied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor.
Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from Macquarie Asset Management. Applied Digital stock gained 25% to $9.
Applied Digital stock skyrockets 13% on $5.00 billion investment
Applied Digital has a median price target of $11 per share, which is 26% higher than the current price. While not yet profitable, the company is heading in that direction and this Macquarie funding will allow it to improve its balance sheet, as well as invest.
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data Centers
The deal follows strong investor interest in businesses connected to the AI boom.
Macquarie invests up to $5 billion in Applied Digital's AI data center business
Investment firm Macquarie is to invest billions of dollars into data center firm Applied Digital. First reported by the Wall Street Journal and confirmed by the company, Macquarie Asset Management (MAM) is set to invest $5 billion into Applied, a cryptomining firm pivoting to AI and HPC data centers.
What's Going On With Applied Digital Stock Wednesday?
Applied Digital Corp (NASDAQ:APLD) shares are trading lower Wednesday on the heels of the company's second-quarter financial results. Here's a look at what you need to know.
Macquarie commits $5bn to fund Applied Digital's data center expansion
Macquarie Asset Management (MAM) has agreed to provide up to $5 billion in preferred equity financing to Applied Digital, a developer of high-performance computing (HPC) data centers.
Australia's Macquarie to invest up to $5 billion in Applied Digital data centers
Australia's Macquarie will invest up to $5 billion in Applied Digital's AI data centers and will take a 15% stake in the company, the technology company said on Tuesday, sending its shares up over 15% in premarket trading.
Applied Digital Stock Surges After Bank Agrees to Invest in Data Centers
Australian bank Macquarie will invest up to $5 billion in data centers being built by Applied Digital. Shares in the AI infrastructure company jumped 17% Tuesday morning. Read more:
Applied Digital Shares Climb on $5B Data Center Investment From Macquarie
Applied Digital shares climbed Tuesday after the company confirmed that Macquarie Asset Management would invest up to $5 billion in the AI company's data centers. Shares were recently up 23% to $9.55 in premarket trading.
Australia's Macquarie to invest up to $5 bln in Applied Digital data centers
Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial intelligence data centers amid booming AI demand.
Applied Digital Stock Jumps on Up to $5B Investment by Australian Fund Macquarie
Key Takeaways Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is investing up to $5 billion in its high-performance computing data centers.Nvidia is already an investor in Applied Digital data centers and announced a stake in the company last year.
Applied Digital posts smaller-than-expected loss on demand for cloud services
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Applied Digital Q2 FY25 Review: Continuous Delays In Signing Customer Is Disappointing
Applied Digital has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. Read why ...
Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center DevelopmentFunds managed by Macquarie Asset Management (“MAM”) to invest up ...