Applied Digital: AI Data Centers as Growth Drivers – Analysts see a Price Target of $23

Applied Digital (APLD) is an exciting stock in the AI sector. The company develops, builds, and operates large-scale, highly available data centers for high-performance computing and AI. The focus is on North America. The company exclusively provides the technical infrastructure (power, cooling, space) for business clients, including hyperscalers, crypto miners, and companies in the AI sector. A new customer is CoreWeave, which has recently become one of the key US hyperscalers for AI workloads, bringing transformative large contracts in the area...