Applied Digital: AI Demand Drives Q3 Surge
Update: 2025-10-16
Description
Applied Digital's stock is soaring after a blockbuster Q3 report! Revenue skyrocketed 80% to $64 million, crushing expectations thanks to booming AI demand and key data center partnerships like the one with CoreWeave. But can they maintain this momentum? Investors are watching closely to see if Applied Digital can convert its project pipeline into long-term deals, manage costs, and navigate supply chain hurdles as the AI infrastructure race intensifies.
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