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α52
Alpha 52
Where AI meets Quant
APLD
24.94
+ 5.05%
Signal: -25.0
Recovering
Applied Digital Corporation
Software

News Sentiment

59m ago
Bullish 80%
Bearish 20%

News Summary

The company has successfully completed the second phase of its Polaris Forge 1 AI Factory Campus, a 50 MW expansion bringing the facility's total capacity to 100 MW. This milestone is part of a larger, fully contracted 400 MW deployment for a major client, CoreWeave. The on-time delivery demonstrates the company's capability to rapidly scale AI infrastructure and meet growing demand for compute capacity. This significant operational achievement positions the company for potential growth, with some analysts suggesting it could be part of a significant stock rebound.
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