Applied Digital (APLD) stock slips after it breaks ground on 430-MW “AI factory” campus

Shares of Applied Digital dipped Thursday following the announcement that the data center operator has started construction on a new “AI factory” campus. Investors appeared cautious, balancing the potential from customer deals against the heavy expenses and challenges of expanding power-intensive facilities.

Applied Digital (APLD) stock jumps after earnings beat as AI data-center lease talks stay in focus

Applied Digital (APLD) stock jumps after earnings beat as AI data-center lease talks stay in focus

Applied Digital Corp shares rose about 8% in after-hours trading on Thursday after a volatile session, as investors digested the company’s quarterly update and its push to lock in long-term customers for AI-focused data centers. The stock was last up 8.0% at $31.94 after ranging from $30.61 to $35.44.
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