- Applied Digital could announce the signing of its $2.2 billion lease agreement and a new lease with another hyperscaler during its Q2 earnings on January 14th after hours.
- Applied Digital’s HPC data centers could have a technological edge over existing data centers due to its close relationship with Nvidia, whose engineers helped design the company’s Ellendale data center.
- The strategic location of Applied Digital’s data centers in the Dakotas presents significant cost saving opportunities to hyperscalers.
- My price target for Applied Digital is $109 by mid-2028, implying a 1202% upside from its current valuation.
One of the most promising investments in the AI infrastructure scene, in my opinion, is Applied Digital Corporation (NASDAQ:APLD). The company has been undergoing a business shift from being a provider of crypto mining hosting infrastructure. As a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financial markets and institutions, allows me to bring thorough research and analysis of financial statements, market trends, as well as upcoming events that may impact specific companies or industries.
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