By Adam Clark
Applied Digital, Recursion Pharmaceuticals and WeRide stocks were all dropping early on Wednesday. Chip maker Nvidia has sold its stakes in each of the three companies.
Nvidia disclosed in a filing on Tuesday that it no longer held shares in Applied Digital, drug-discovery company Recursion Pharmaceuticals and autonomous-driving company WeRide as of Dec. 31.
Nvidia held relatively small stakes in each of the companies as of the end of the third quarter of 2025, the largest being a holding in Applied Digital worth around $177 million at the time. The chip company has built up a portfolio of holdings in various companies using artificial intelligence in different fields over recent years.
Applied Digital shares were down 6.9% at $31.24 in premarket trading. However, it's only a tiny dent in the data-center operator's recent gains, with shares having more than tripled in the past year amid excitement over the demand for its facilities being driven by artificial intelligence.
Recursion shares were down 12% in premarket trading and WeRide's American depositary receipts were down 2.5%.
Nvidia has also sold its remaining shares in chip designer Arm Holdings, which it had already substantially reduced. Several years ago, Nvidia tried to acquire Arm but called off the deal in 2022 citing "regulatory challenges" in getting the merger approved and it has reduced.
Nvidia uses Arm's technology for its server central-processing units. Nvidia said late Tuesday that it would sell a large amount of Arm-based CPUs to social-media company Meta Platforms for use in its AI servers, which might offset any worries about the share sale.
Arm's American depositary receipts were up 1.6% in premarket trading.
Write to Adam Clark at adam.clark@barrons.com
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February 18, 2026 05:43 ET (10:43 GMT)
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