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Applied Digital Corporation (APLD) Strengthens Its Position in AI Infrastructure Space, Signs $5 Billion 15-Year Lease

By Yahoo! Finance   |   1 month ago
Applied Digital Corporation (APLD) Strengthens Its Position in AI Infrastructure Space, Signs $5 Billion 15-Year Lease

Applied Digital Corporation (NASDAQ:APLD) secures a $5 billion lease, expanding its AI infrastructure presence. Hedge funds consider it one of the top blockchain and crypto mining stocks. Compass Point raises its price target to $30, citing strong prospects and industry-leading AI data centers.

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