Nvidia’s Investments Spotlight Growth Opportunities in Data Centers
Nvidia, the world’s largest company by market capitalization, reported owning shares in Applied Digital (NASDAQ: APLD) and Nebius Group (NASDAQ: NBIS) as of the end of the third quarter. Nvidia holds approximately 7.7 million shares of Applied Digital, representing 2.8% of the company, and 1.2 million shares of Nebius, accounting for 0.5% of that firm. Both companies are positioned to capitalize on the growing demand for data centers driven by artificial intelligence (AI) computing.
Applied Digital’s stock surged 238% in 2025 due to 15-year leases with AI companies, while Nebius anticipates significant growth, forecasting annual recurring revenue to reach between $900 million and $1.1 billion by the end of 2025 and between $7 billion and $9 billion by 2026. Understanding Nvidia’s investments could offer valuable insights for investors looking to navigate the evolving landscape of AI and data center capabilities.
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