APLD Stock Skyrockets on AI Data-Center Boom – What’s Driving the Rally?
Applied Digital’s stock has been on a tear in 2025, driven by the broader AI data-center boom. In late September and early October, the shares tripled from the high teens to nearly $30 as the market digested a series of AI-related announcements ts2.tech ts2.tech. On Oct. 10, 2025, APLD stock soared 26% intraday reuters.com – adding roughly $2 billion to its market value – as investors cheered its better-than-expected quarterly report and the hype around AI applications like ChatGPT. Reuters noted that “growing demand for AI services such as ChatGPT has triggered the need for robust data center infrastructure,” a trend at the heart of Applied Digital’s surge reuters.com reuters.com. By mid-October, the stock was near its 52-week high investing.com, though pullbacks are common given the stock’s extreme volatility and 96 one-day moves of 5%+ in the past year investing.com ts2.tech.
