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$7.56B
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205
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Applied Digital Corporation (APLD) trades on United States in USD. The company is classified in the Technology sector under the Information Technology Services industry. The stock currently trades at $31.32, down 0.67% from the previous close.
Over the past year, APLD has traded between a low of $4.08 and a high of $41.35. The stock has gained 667.6% over this period. It is currently 24.3% below its 52-week high.
Applied Digital Corporation has a market capitalization of $7.56B.
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.
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