Applied Digital, headquartered in Dallas, Texas, develops and operates data centers for AI cloud services, high-performance computing, and crypto hosting, employing 121 staff since its IPO in 2002. The company is exploring potential power sources in North Dakota and Texas.
APLD has been in the news recently: Applied Digital is merging with Exo Bionic to enhance its AI cloud strategy and has announced the launch of Delta Forge 1, a 300 MW data center. Additionally, SG Americas Securities LLC significantly reduced its stake in Applied Digital by 75.3% in the last quarter, despite the company reporting a 139.3% year-over-year revenue increase.
📡️ Information Technology
In The News
More Signals
Feature in Progress
This section is under development. Check back soon for updates!
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.