Applied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor. -- Barrons.com

Dow Jones

14 Jan

By Emily Dattilo

Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from Macquarie Asset Management.

Applied Digital stock gained 25% to $9.72, putting it on track for its largest daily percentage increase since September, according to Dow Jones Market Data.

Funds managed by Macquarie will invest up to $900 million in one of the company's high-performance-computing, or HPC, data center campuses. The agreement also provides the asset manager the right to invest up to an additional $4.1 billion across the company's future HPC data center pipeline.

The Macquarie investment will take the form of a 15% equity interest of the HPC business segment, while Applied Digital will hold an 85% ownership stake.

The announcement follows news last year that investors including Nvidia and the real estate company Related Cos. were providing $160 million in financing to Applied Digital.

Quarterly earnings from Applied Digital are scheduled for after the stock market closes Tuesday.

Write to Emily Dattilo at emily.dattilo@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

January 14, 2025 08:59 ET (13:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.tigerhkgo.com/news/2503575254"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2503575254\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2503575254?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-14 21:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2503575254","market":"us","top_or_hot":-1,"title":"Applied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor. -- Barrons.com","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Emily Dattilo \n</p>\n<p>\n  Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Asset Management. \n</p>\n<p>\n     Applied Digital stock gained 25% to $9.72, putting it on track for its largest daily percentage increase since September, according to Dow Jones Market Data. \n</p>\n<p>\n     Funds managed by Macquarie will invest up to $900 million in one of the company's high-performance-computing, or HPC, data center campuses. The agreement also provides the asset manager the right to invest up to an additional $4.1 billion across the company's future HPC data center pipeline. \n</p>\n<p>\n     The Macquarie investment will take the form of a 15% equity interest of the HPC business segment, while Applied Digital will hold an 85% ownership stake. \n</p>\n<p>\n     The announcement follows news last year that investors including Nvidia and the real estate company Related Cos. were providing $160 million in financing to Applied Digital. \n</p>\n<p>\n     Quarterly earnings from Applied Digital are scheduled for after the stock market closes Tuesday. \n</p>\n<p>\n     Write to Emily Dattilo at emily.dattilo@dowjones.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 08:59 ET (13:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Applied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApplied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor. -- Barrons.com\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-14 21:59</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Emily Dattilo \n</p>\n<p>\n  Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Asset Management. \n</p>\n<p>\n     Applied Digital stock gained 25% to $9.72, putting it on track for its largest daily percentage increase since September, according to Dow Jones Market Data. \n</p>\n<p>\n     Funds managed by Macquarie will invest up to $900 million in one of the company's high-performance-computing, or HPC, data center campuses. The agreement also provides the asset manager the right to invest up to an additional $4.1 billion across the company's future HPC data center pipeline. \n</p>\n<p>\n     The Macquarie investment will take the form of a 15% equity interest of the HPC business segment, while Applied Digital will hold an 85% ownership stake. \n</p>\n<p>\n     The announcement follows news last year that investors including Nvidia and the real estate company Related Cos. were providing $160 million in financing to Applied Digital. \n</p>\n<p>\n     Quarterly earnings from Applied Digital are scheduled for after the stock market closes Tuesday. \n</p>\n<p>\n     Write to Emily Dattilo at emily.dattilo@dowjones.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 08:59 ET (13:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503575254","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503575254","pubTimestamp":1736863140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from Macquarie Asset Management.Applied Digital stock gained 25% to $9.72, putting it on track for its largest daily percentage increase since September, according to Dow Jones Market Data.Funds managed by Macquarie will invest up to $900 million in one of the company's high-performance-computing, or HPC, data center campuses. The agreement also provides the asset manager the right to invest up to an additional $4.1 billion across the company's future HPC data center pipeline.The Macquarie investment will take the form of a 15% equity interest of the HPC business segment, while Applied Digital will hold an 85% ownership stake.The announcement follows news last year that investors including Nvidia and the real estate company Related Cos. were providing $160 million in financing to Applied Digital.Quarterly earnings from Applied","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","BK4116":"互联网服务与基础架构","NVDA":"英伟达","APLD":"APPLIED DIGITAL CORP","LYY.SI":"中云集团","BK6051":"信息科技咨询与其它服务"},"translate_title":"Applied Digital在构建人工智能数据中心方面获得帮助。麦格理作为投资者加入英伟达。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYY.SI":1,"NVDA":1,"APLD":0.9},"content_text":"By Emily Dattilo \n\n\n  Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from Macquarie Asset Management. \n\n\n     Applied Digital stock gained 25% to $9.72, putting it on track for its largest daily percentage increase since September, according to Dow Jones Market Data. \n\n\n     Funds managed by Macquarie will invest up to $900 million in one of the company's high-performance-computing, or HPC, data center campuses. The agreement also provides the asset manager the right to invest up to an additional $4.1 billion across the company's future HPC data center pipeline. \n\n\n     The Macquarie investment will take the form of a 15% equity interest of the HPC business segment, while Applied Digital will hold an 85% ownership stake. \n\n\n     The announcement follows news last year that investors including Nvidia and the real estate company Related Cos. were providing $160 million in financing to Applied Digital. \n\n\n     Quarterly earnings from Applied Digital are scheduled for after the stock market closes Tuesday. \n\n\n     Write to Emily Dattilo at emily.dattilo@dowjones.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 14, 2025 08:59 ET (13:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0}}}