Applied Digital (APLD) shares have decreased by 17.5% in a single day. This recent decline highlights renewed worries about elevated valuations in AI infrastructure and profit-taking following a significant rally, but sharp declines like this often bring forth a more challenging inquiry: is the weakness fleeting, or does it point to more profound issues in the narrative?
APLD and LITE have surged over 200% in 2025, but multi-year hyperscaler leases and booming AI data center demand point to further growth.
Applied Digital ( NASDAQ:APLD ) has been one of the standout performers in 2025, delivering gains of approximately 200% year-to-date.
APLD's 141% surge is fueled by $11B in contracted leases, rising AI data center demand and growing revenue visibility from Polaris Forge.
Applied Digital shares soar 272% in a year, but lumpy earnings, valuation risks and tenant exposure cloud near-term gains.
Applied Digital leans into liquid cooling, compressed build cycles and a fully leased Ellendale campus as hyperscaler AI demand tightens power and timing.
Applied Digital (NASDAQ:APLD) is a digital infrastructure firm that designs, constructs, and operates AI-focused data centers and high-performance computing (HPC) facilities. The stock has increased by nearly 22% over the past five trading days and is up approximately 4x year-to-date.
AI data centers will consume a substantial amount of power, enhancing the growth prospects for Applied Digital. It has secured a major deal to supply data center capacity to CoreWeave, with more deals potentially to come.
Applied Digital (Nasdaq: APLD) and CoreWeave (Nasdaq: CRWV) reported earnings showing two companies attacking AI infrastructure from opposite ends.
Applied Digital's pivot to AI data centers, with $16B in long-term leases, signals a shift from crypto fit-out to recurring rent.
Applied Digital Corporation energized the first 100MW building at Polaris Forge 1, advancing toward its 400MW campus goal. APLD invested $25 million in Corintis to access advanced chip-level liquid cooling, targeting efficiency gains for AI data centers. Corintis technology could enable denser AI racks and support next-gen GPUs, with pilot deployment expected by late 2026 or early 2027.
Applied Digital's AI-focused data center build-out gains traction as new capacity comes online, setting the stage for potential long-term revenue growth.