Applied Digital Corporation shares are trading higher after the company announced a collaboration with HPE to deliver AI cloud services.
Portfolio Pulse from Benzinga Newsdesk
Applied Digital Corporation has announced a collaboration with HPE to deliver AI cloud services, leading to a rise in its share prices.
June 30, 2023 | 7:43 pm
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Applied Digital Corporation's stock is trading higher following the announcement of its collaboration with HPE for AI cloud services.
The announcement of a collaboration with a major player like HPE for delivering AI cloud services is a positive development for Applied Digital Corporation. This partnership could potentially lead to increased revenues and growth for the company, which is why the stock price has increased.
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