AI Boom: Applied Digital's Massive Growth & the Future of Data Centers

Описание: Applied Digital's stock is on fire, up 16% and over 350% for the year! This surge is fueled by the insatiable demand for AI, which has led to a massive boost in data center requirements. In this video, we dive into Applied Digital's impressive first-quarter results, including a 84% revenue increase and a reduced loss per share. We'll explore their $7 billion lease agreement with CoreWeave and the construction of new data cell blocks. With an anticipated $11 billion in contracted lease revenue and plans for a $3 billion second campus, Applied Digital is positioning itself as a key player in the AI era. Join us as we discuss the company's growth strategy, its impact on the industry, and what this means for the future of data centers.