NasdaqGS:APLDIT
Applied Digital (APLD) Unveils US$3 Billion AI Factory Expansion In North Dakota
On August 18, 2025, Applied Digital Corporation (APLD) announced the development of Polaris Forge 2, a significant AI infrastructure project near Harwood, North Dakota, which could align with the company's stock price rising by 143% last quarter. Alongside this business expansion, the company reported an improvement in Q4 financial metrics, such as a reduced net loss and increased sales year-over-year. These developments contrast with broader market trends, as big tech saw declines and major...