APLD Rides on Accelerating AI Infrastructure Demand: What's Ahead?
Key Takeaways APLD signed 15-year lease deals with CoreWeave totaling 400 megawatts at Polaris Forge 1.Polaris Forge 1 is built for AI and HPC, with phased rollout from 2025 through 2027.AI queries demand 15X more power than traditional ones, creating growth opportunities for APLD.Applied Digital (APLD) is benefiting from increasing demand for AI infrastructure. APLD has inked 15-year lease agreement with CoreWeave (CRWV) to deliver 250 megawatts of critical IT load at the Ellendale, ND, campus, now called ...