Applied Digital (NASDAQ:APLD) sits at the center of one of the biggest AI questions: who captures the value from the infrastructure build-out? Chips get the attention, but power-backed data centers may become one of the most important constraints in the market. That creates a compelling upside story, but also a difficult one. The company has to build, fund, power, and deliver massive projects before the stock can fully justify the excitement.
Stock prices used were the market prices of June 16, 2026. The video was published on June 17, 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.
