Applied Digital reported a significant increase in revenue to $126.6 million, a 250% rise year-over-year, and reduced net losses, highlighting progress in their data center projects and strategic financing efforts, including a $2.35 billion private notes offering and new lease agreements with hyperscalers, positioning the company for substantial growth in AI infrastructure.
Applied Digital's stock surged in 2025 due to its growth in AI infrastructure and data center leasing, and it is expected to exceed earnings expectations in its upcoming Q2 report on Jan. 7. Despite high valuation, its strong revenue pipeline and future growth prospects suggest it could be a good buy on the pullback before potential further gains.
Applied Digital has experienced significant growth by shifting from blockchain to AI data centers, riding the AI investment boom, but its high valuation, substantial debt, and cash burn pose risks for investors considering buying the stock now.
The article discusses the biggest stock movements in the premarket, highlighting companies like Applied Digital, Meta Platforms, and Boeing, among others, as they experience notable trading activity.
Applied Digital and EKSO announced a non-binding agreement to combine their cloud and exoskeleton businesses to form ChronoScale, a platform focused on high-performance GPU infrastructure for AI workloads, aiming to meet growing demand for specialized AI compute solutions. The transaction is expected to close in the first half of 2026, with Applied Digital owning about 97% of the new company.
The article discusses the booming demand for data centers driven by AI growth, highlighting Nvidia's GPU sales and the strategic expansion of Applied Digital, a company building digital infrastructure. Despite high valuations, Applied Digital's recent strong earnings and analyst support suggest it is a promising stock to buy to capitalize on the AI-driven data center expansion.
Applied Digital's stock surged 16% after reporting an 84% YoY revenue increase to $64.2 million in Q1, driven by its focus on AI, cloud, and blockchain data centers, with the stock up 345% this year and analysts raising price targets amid strong investor interest.
Applied Digital's stock surged 21% after strong earnings and a major lease deal with CoreWeave, solidifying its position as a key player in AI infrastructure with expanding capacity and investor confidence, driven by growing demand for high-density compute facilities and strategic partnerships.
The stock market saw slight gains with AI-related stocks like Applied Digital surging after strong earnings, while Oracle approached a buy point. Major indexes rose modestly, and geopolitical tensions influenced some tech stocks, with China opening antitrust probes into Qualcomm and Nvidia. Federal Reserve officials signaled cautious rate cuts amid ongoing economic considerations.
Applied Digital's stock surged 30% after beating earnings expectations, securing a major lease deal with CoreWeave for full capacity at its North Dakota data center, and advancing its expansion plans with new funding and construction of Polaris Forge 2, reinforcing its position in AI cloud infrastructure.
Applied Digital's stock rose 16% after reporting strong Q1 results with 84% revenue growth to $64.2 million and announcing a major 150-megawatt data center expansion, including a new lease with CoreWeave expected to generate $11 billion over 15 years, highlighting its role in AI infrastructure investments.
Applied Digital's shares surged 48% after signing $7 billion in long-term lease agreements with CoreWeave for AI data centers, marking a significant move into advanced compute infrastructure with a new campus in North Dakota.
Applied Digital and CoreWeave's stocks surged following a 15-year data center deal supporting CoreWeave's AI capabilities, with Applied Digital expecting to generate around $7 billion from the lease agreements. Meanwhile, Palantir reached a record high but declined due to weak US industrial data, highlighting its high valuation and market sentiment-driven trading.
Applied Digital has secured two 15-year lease agreements with CoreWeave to provide 250MW of critical IT load for AI and HPC infrastructure at its Ellendale, North Dakota data center, expected to generate around $7 billion over the lease term, with facilities planned to be completed by 2025 and 2026, and potential for expansion.
