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Applied Digital (APLD) Jumps 34% as HPC Firms Soar

We recently published 10 Stocks That Made Millionaires in Just a Week. Applied Digital Corp. (NASDAQ:APLD) is one of the best performers in last week’s trading. Shares of Applied Digital grew by 34.48 percent week-on-week amid an overall optimism for the high-performance computing (HPC) sector, further boosted by a comment from a key player’s chief executive saying that AI firms “cannot get enough compute.” In an interview with CNBC last week, CoreWeave CEO Mike Intrator said that AI companies cannot get ...