Applied Digital's $5B AI Deal: Boom or Bust?
Update: 2025-10-23
Description
Applied Digital stock surged 6% after securing a massive $5 billion, 15-year lease with a major U.S. hyperscaler for its North Dakota AI campus, boosting total leased capacity to 600 MW and providing long-term financial stability. Despite this win and a 300% year-to-date stock increase, Applied Digital remains volatile, highlighting market sensitivity to tech tensions and earnings reports. A $1,000 investment five years ago would now be worth over $200,000.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
