Applied Digital Corporation (APLD) Analysis

Company Overview:
Applied Digital APLD is an AI and high-performance computing (HPC) infrastructure leader building next-gen data centers purpose-built for GPU computing, AI workloads, and digital assets. It’s positioning itself in the center of the AI infrastructure supercycle.

Key Catalysts:

Transformational Hyperscaler Deal:

Secured a $5B, 15-year lease with a top U.S. hyperscaler for 200 MW at its Polaris Forge 2 campus.

This places APLD among elite U.S. data center operators and locks in long-duration, recurring revenue.

Polaris Forge Build-Out:

Phase 1 (50 MW) at Polaris Forge Building 1 is Ready for Service (RFS).

Full 100 MW online by Q4 2025, with another 150 MW in development — pushing the company toward its 1 GW portfolio goal.

AI “Neo Cloud” Tailwind via CoreWeave:

A deeper CoreWeave partnership boosts utilization of APLD’s AI infrastructure and gives access to the fast-growing AI-specialized cloud market, where demand is outpacing legacy cloud capacity.

Strategic Positioning:

Purpose-built, power-efficient campuses
Aligned with massive AI GPU demand
Long-term contracted cash flows

Investment Outlook:

Bullish above: $27.00–$28.00
Target: $50.00–$52.00
Driven by contracted hyperscaler revenue, rapid MW ramp, and exposure to AI compute scarcity.

📢 APLD — building the power layer of the AI era. ⚡🏗️