TSMC Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems.
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 ...
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 ...
Applied Digital Stock Rises on $5 Billion HPC Financing Deal With Macquarie
Following the announcement of a $5 billion financing agreement with Macquarie Asset Management for its high-performance ...
JD Supra18h
Massachusetts: New Year, New Law — Governor Signs “An Act enhancing the market review process” (House Bill No. 5159)
Governor Maura Healey signed into law H.B. 5159, “an Act enhancing the market review process.” This new law promises ...
Applied Digital: Assessing The Macquarie Deal And FY Q2-25 Earnings
Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains ...
Gryphon Digital Mining Signs Definitive Agreement for HPC/AI Asset Scalable to 4GW of Green Energy
Gryphon Digital Mining, Inc. (Nasdaq:GRYP) has announced a strategic acquisition that could position it as a leader in the ...
Applied Digital Stock Gains After Macquarie Invests $5 Billion
Applied Digital has entered into a significant $5 billion perpetual preferred equity financing facility with Macquarie.
Piper Sandler sees significant upside in Bitcoin miners pursuing AI/HPC
Piper Sandler estimates that AI/HPC data center contracts could potentially triple miner EBITDA at certain sites. The note ...
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 ...
Applied Digital Reports Fiscal Second Quarter 2025 Results
Total revenues in the fiscal second quarter 2025 were $63.9 million, up 51% from the fiscal second quarter 2024. The growth was primarily driven by the continued expansion of the Company’s Cloud ...