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Applied Digital's Stock Surges on Up to $5B Investment by Macquarie

1. Applied Digital's shares surged due to a $5 billion investment from Macquarie. 2. Macquarie will acquire a 15% stake in Applied Digital's HPC business. 3. Nvidia is already a stakeholder in Applied Digital's data centers. 4. Investment includes $900 million for Ellendale HPC in North Dakota. 5. Total potential investment could reach $5 billion for future projects.

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FAQ

Why Very Bullish?

Substantial investment by Macquarie reinforces confidence in Applied Digital’s business model, similar to past tech investments resulting in stock price appreciation.

How important is it?

The article highlights a major financial commitment to APLD, indicating potential for future growth and positive market reception.

Why Long Term?

The investment suggests sustained growth potential in HPC, echoing other tech firms' successful long-term impacts after significant funding.

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