Applied Digital's earnings report exceeded expectations, revenue doubled, and demand for AI data centers remains strong

RektRecovery · 2026-01-08T13:20:09+00:00

Applied Digital stock is up 6.73% in pre-market trading today, reaching $31.55, mainly benefiting from its FY2026 Q2 revenue of $126.59 million, a 98.2% year-over-year increase. This is driven by a surge in demand for AI data centers and collaborations with hyperscale operators. Investors are optimistic about its future growth potential.

RektRecovery

2026-01-08 13:20:09

Abstract generation in progress

【Crypto World】Applied Digital stock showed an impressive performance in the pre-market today, soaring to $31.55 with a gain of 6.73%. The driving force behind this surge comes from an outstanding earnings report—Q2 FY2026 revenue of $126.59 million, a year-over-year increase of 98.2%, doubling in size. This explosive growth is mainly driven by the booming demand for AI data centers. Especially, they have secured a contract with a large-scale data center operator in North Dakota, laying the foundation for future business expansion. Even more interesting, the company is also in intensive negotiations with another investment-grade mega-scale operator for expansion, and the market generally expects strong growth potential ahead. From performance to partnerships, everything is trending upward, which explains why investors are so enthusiastic.

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fork_in_the_road

· 3h ago

98% growth, this data is really terrifying, can it be more reliable?

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AirdropHunterXiao

· 20h ago

98% growth, this is what the AI wave should look like. Data centers are truly gold mines.

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Liquidated_Larry

· 01-10 08:15

98% growth? Now that's the real deal.

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AirdropHunterWang

· 01-08 13:50

Bro, this increase really has some substance, a 98% growth rate is no joke. Old Wang, I just want to ask, can this kind of data center work last until next year and still be so crazy? It probably isn't hype; the orders from ultra-large-scale operators should be real. Wow, doubling revenue, now that's real growth. But it depends on whether they can continue to supply, don't let a bunch of orders be unfulfilled. This is the dividend of the AI era—whoever captures the capacity makes money. It's over 31 yuan, do you want to ride another wave, everyone? Hmm, there's some substance, but I'm still cautious; stocks like these can also fall sharply.

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RektHunter

· 01-08 13:49

Doubling growth? This is the AI dividend. The data center sector has indeed taken off.

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TestnetFreeloader

· 01-08 13:48

AI chips are taking off again. Can we get a piece of the pie this time?

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BearMarketBard

· 01-08 13:45

The financial report doubled, but I still feel this valuation needs to be adjusted.