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Applied Digital Stock Has Surged 660%. Is the AI Bet Still Worth It?

Written by: Rick Orford

Edited by: Mike Reyes

Last Updated May 25, 2026

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Applied Digital (NASDAQ:APLD) sits right in the middle of one of the market’s biggest AI themes. The upside story is compelling, but the stock already reflects significant optimism. For investors, the next phase may come down to execution, financing, and whether growth can eventually turn into durable profits.

Stock prices used were the market prices of May 14, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.

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