Applied Digital jumps after Nvidia's Q4 upbeat forecast

Applied Digital

19/11/2025 23:20

** Shares of Applied Digital APLD.O rise more than 12% to about $26 after the bell

** Applied Digital uses Nvidia's NVDA.O chips to power its data centers that process AI workloads

** APLD jumps after Nvidia forecast Q4 revenue above analysts' estimates

** Nvidia expects Q4 revenue of $65 billion, plus or minus 2%, compared with analysts' average estimate of $61.66 billion, according to data compiled by LSEG

** APLD stock up about 202% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com))