DALLAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced the appointment of Gary Smith as its new Senior Director of Physical Security. Smith has over 40 years of experience in law enforcement and corporate security and is expected to play a pivotal role in the ongoing safety and integrity of ...

DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, announced today that it has met the conditional approval requirements related to the release of the escrowed funds from the sale of its Garden City, Texas facility. The Company has now received the remaining $25 million of the purchase price held in escr ...

The market expects Applied Digital Corporation (APLD) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, i ...

文章核心观点 - 公司从区块链托管服务商转型为人工智能数据中心服务商 [1][3] - 公司在北达科他州建立了全新的人工智能数据中心,具有能源和基础设施优势 [7] - 公司正大量投资拓展人工智能业务,但目前仍处于亏损状态 [8][9][10][11][12] - 公司正在通过资产融资等方式筹集资金,预计今年将实现自由现金流正转 [16] - 公司的人工智能基础设施业务定位独特,有望成为Nvidia以外的另一个投资机会 [17][18][19] 公司情况总结 - 公司从区块链业务转型为人工智能数据中心服务商 [1][3] - 公司在北达科他州建立了全新的人工智能数据中心,具有能源和基础设施优势 [7] - 公司现有的传统数据中心业务收入稳定,但整体仍处于亏损状态 [8][9][10] - 公司正在通过资产融资等方式筹集资金,以支持人工智能业务拓展 [11][16] 行业机遇与挑战 - 人工智能市场快速增长,预计未来7年内每年增长20亿美元 [15] - 公司定位独特,有望成为Nvidia以外的另一个人工智能基础设施投资机会 [17][18][19] - 但公司面临供应链、建设成本等挑战,可能会影响短期业绩 [21][22][23] - 公司需要进一步拓展大型企业客户,提高收入稳定性 [26]

Applied Digital Today APLD Applied Digital $6.06 +0.11 (+1.85%) 52-Week Range $2.36 ▼ $11.07 Price Target $8.40 Add to Watchlist Applied Digital Co. NASDAQ: APLD designs, develops and operates next-generation data centers accommodating artificial intelligence (AI) service providers in the high-performance computing (HPC) industry. The AI boom has been driving the demand for more data centers, which is driving demand for next-gen data centers that fall right in Applied Digital's wheelhouse. The company also ...

Applied Digital secures a $125 million initial commitment to fund ongoing construction costs associated with its HPC Campus in Ellendale, ND, which can be upsized upon mutual agreement by both parties up to $200 million This financing completes the Company's near-term capital needs and positions it to secure project-level financing to fund the remaining costs to complete the first HPC building Financing provides the Company with a clear path to solidifying its position as a leading HPC datacenter owner and ...

Applied Digital secures a $125 million initial commitment to fund ongoing construction costs associated with its HPC Campus in Ellendale, ND, which can be upsized upon mutual agreement by both parties up to $200 million This financing completes the Company's near-term capital needs and positions it to secure project-level financing to fund the remaining costs to complete the first HPC building Financing provides the Company with a clear path to solidifying its position as a leading HPC datacenter owner and ...

文章核心观点 - 公司近期与单一投资者签订了一项私募融资协议,发行了4,213.16万美元的无担保可转换债券 [1] - 公司将利用该笔融资资金推进在北达科他州埃伦代尔的高性能计算(HPC)数据中心建设 [2] - 公司正在积极谈判项目层面的融资,以确保项目如期完成 [2] 根据相关目录分别进行总结 融资协议 - 公司发行了4,213.16万美元的无担保可转换债券 [1] - 该债券无息,有5%的发行折扣,期限为54周 [1] - 转换价格为8美元或前5个交易日加权平均价的95%(以较低者为准) [1] - 当股价低于8美元时,投资者每月最多可转换1,600万美元 [1] - 公司可在股价低于8美元或注册报表生效后第30个交易日时提前偿还该债券 [1] - 投资者承诺在该债券期限内不做空公司股票 [1] 融资用途 - 公司将利用该笔融资资金推进在北达科他州埃伦代尔的HPC数据中心建设 [2] - 这突出了公司致力于项目推进和按时履行合同义务的承诺 [2] 其他 - 该证券尚未注册,公司已同意就此提交二级市场注册报告 [3] - 该新闻稿不构成任何证券的要约或出售邀约 [4]

DALLAS, May 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced that the Company recently entered into a private financing agreement with a single investor (the “Investor”), in which it issued a $42,131,579 unsecured convertible debenture. The convertible debenture bears no interest, has an original issue ...

DALLAS, May 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced its participation in the 19th Annual Needham Technology & Media Conference, 24th Annual B. Riley Institutional Investor Conference, and 21st Annual Craig-Hallum Institutional Investor Conference. 19th Annual Needham Technology & Media Con ...