Actualités

AI infrastructure stocks jumped, with shares of AI server makers, optical-products companies, and neocloud providers moving higher.

The company is becoming a leading AI data center real estate owner.

Applied Digital Corp (APLD) reports a 407% revenue increase and outlines ambitious growth plans despite financial challenges.

Applied Digital beat Wall Street estimates for fourth-quarter revenue on Monday, riding on robust demand for ‌its data centers from an expanding roster of AI ‌clients. Shares of the company, which counts CoreWeave as a client, rose 5.4% in ​extended trading. Applied Digital designs, builds and operates data centers and provides colocation services for artificial intelligence, networking and blockchain workloads.

Applied Digital announced that it has expanded its AI data center footprint with a $5.2B lease at Delta Forge 2 campus.