Applied Digital Corporation (APLD) shares have surged 17.35% to $9.10 as of 12:57 pm on Tuesday, following significant developments involving Nvidia. Earlier today, it was reported that Nvidia has invested in Applied Digital, which has sparked investor interest and driven the stock price higher. This investment is part of a broader $160 million financing round that was disclosed in September, but the recent confirmation of Nvidia's involvement has reignited market enthusiasm. Additionally, unusual options activity has been observed, with a notable call option sweep indicating bullish sentiment, further contributing to the stock's upward momentum.