Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. The company is headquartered in Dallas, Texas and currently employs 205 full-time employees. The company went IPO on 2002-07-22. The company provides digital infrastructure solutions and cloud services for high-performance computing (HPC) and artificial intelligence (AI). Its segments include Blockchain data center hosting (the Datacenter Hosting Business), cloud services, through a wholly owned subsidiary (the Cloud Services Business) and HPC data center hosting (the HPC Hosting Business). The Datacenter hosting segment operates datacenters to provide energized space to crypto-mining customers. The Cloud services segment operates through its Sai Computing brand and provides cloud services for customers, such as artificial intelligence and machine learning developers, to develop their advanced products. The HPC hosting segment designs, builds, and operates datacenters, which are designed to support high-computer applications using advanced infrastructures to provide services to customers.
Follow-Up Questions
Who is the CEO of Applied Digital Corp?
Mr. Wesley Cummins is the Chairman of the Board of Applied Digital Corp, joining the firm since 2007.
What is the price performance of APLD stock?
The current price of APLD is $33.08, it has increased 6.5% in the last trading day.
What are the primary business themes or industries for Applied Digital Corp?
Applied Digital Corp belongs to Technology industry and the sector is Information Technology
What is Applied Digital Corp market cap?
Applied Digital Corp's current market cap is $9.2B
Is Applied Digital Corp a buy, sell, or hold?
According to wall street analysts, 11 analysts have made analyst ratings for Applied Digital Corp, including 3 strong buy, 11 buy, 1 hold, 0 sell, and 3 strong sell
