The Latest Breaking News from Applied Digital

Applied Digital is a leading AI infrastructure stock that is experiencing rapid growth due to strong demand for data centers.

Applied Digital stock has been on a solid run, soaring 130% in just three months and hitting a fresh 52-week high of $16.92 on Aug. 18. Moreover, APLD stock is up about 280% over the past year.

Shares of crypto miners Applied Digital Corp (NASDAQ:APLD), Galaxy Digital Inc (NASDAQ:GLXY) and IREN Ltd (NASDAQ:IREN) all closed higher Thursday in sympathy with Core Scientific Inc (NASDAQ:CORZ). Core Scientific’s stock gained on reports that AI cloud firm CoreWeave Inc (NASDAQ:CRWV) is in discussions to acquire it.

CoreWeave's tremendous rally might inspire investors to enter a position, but there are critical risks at play that investors should beware as well.

After securing a major AI datacenter deal, Applied Digital's focus now shifts to the challenge of executing its ambitious construction pipeline.

This data center stock is the highest-rated as tracked by Barchart.

As Amazon commits $10 billion to data centers, this lesser-known data center player could emerge as a quiet winner.

Is this the 2025 version of the GameStop?

CoreWeave stock popped to a new all-time high on Tuesday. Nvidia-backed CoreWeave on Monday signed a long-term data center leasing deal with Applied Digital.