Applied Digital is my insider tip for the AI infrastructure expansion
Roth Capital sees a doubling potential with a price target of 24 USD (Buy)
Applied Digital seems well-equipped for further large contracts
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Applied Digital (APLD) is becoming an exciting insider tip for me when it comes to the rapid expansion of AI data centers. The company is transforming into a pure colocation provider and aims to make North Dakota the epicenter for AI. A campus with over 1 GW is planned there in the long term. Thanks to the climate advantages, the region is expected to offer over 220 free cooling days and, compared to other regions, energy savings of up to $2.7 billion over the next 30 years. With a proprietary design for repeatable projects and supplier consolidation,...
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