Applied Digital stock jumps on 430-MW Delta Forge AI campus move — what to watch when trading resumes
Applied Digital shares rose 8.5% to $37.69 Friday after the company began construction on its Delta Forge 1 AI data center campus, planned to deliver 430 megawatts of utility power by mid-2027. Trading volume surged to 48.1 million shares. Investors await updates on a potential hyperscale tenant and financing details next week.