APLD

Applied Digital Corporation (NASDAQ:APLD) is a Dallas-based technology infrastructure company that designs, develops, and operates digital infrastructure solutions for high-performance computing applications. Originally founded as Applied Blockchain, Inc., the company changed its name to Applied Digital Corporation in November 2022 and went public in April 2022. The company has evolved from primarily hosting cryptocurrency mining operations to becoming a diversified digital infrastructure provider serving artificial intelligence, machine learning, and other high-performance computing workloads. Applied Digital operates large-scale data centers primarily in North Dakota and Texas, leveraging low-cost power to provide competitive hosting and cloud computing services.