NasdaqGS:NVDA
NasdaqGS:NVDASemiconductor

Latest News In AI Chips - HPC Growth Sparks Strategic $5 Billion Investment Initiative

Recent developments in the AI chip sector highlight a significant partnership between Applied Digital Corporation and Macquarie Asset Management (MAM), involving a substantial investment of up to $5 billion. This collaboration is aimed at advancing high-performance computing (HPC) capabilities, with the immediate focus on the Ellendale HPC Campus, supported by an initial $900 million investment. This investment initiative will enable Applied Digital to build and operate data centers designed...