Applied Digital: An Alternative Way To Invest In AI Infrastructure

Oselote Trading at around $7, Applied Digital Corporation (NASDAQ:APLD) has surged by more than 200% since November 2022 as charted below, even outperforming Nvidia (NVDA) last year and nearly catching up at the beginning of this year before dipping. This price action could suggest some investors view the HPC (high-performance computing) data center play as an alternative way to ride the AI story. Data by YCharts Indeed, with Applied Digital Corporation's greenfield approach compared to other data cente ...