Price movement over the last 24 hours
Applied Digital Corporation vs KraneShares CSI China Internet ETF — how do they compare? Applied Digital Corporation trades at $30.68 (market cap $8.90B), while KraneShares CSI China Internet ETF trades at $26.27. The key difference: Applied Digital Corporation is trading nearer its 52-week high, KraneShares CSI China Internet ETF nearer its low. Which is the better fit depends on your goals.
| APLD | KWEB | |
|---|---|---|
Market Cap | $8.90B | — |
Sector | Technology | Sector/Thematic |
52-Week High | $49.65 | $42.94 |
52-Week Low | $9.18 | $23.63 |
Enterprise Value | $10.00B | — |
Signals from Pluang's Aura AI — not financial advice
Applied Digital (APLD) trades at $31.15, down 3.53% today, amid bearish technical signals despite unanimous analyst buy ratings. The company shows strong revenue growth with $144M in 2025 and $319M projected for 2026, but remains unprofitable with negative margins. Recent news highlights APLD's pivot to AI data centers with $36B in contracted lease value, though execution risks and customer concentration persist.
Outlook: High growth potential from AI infrastructure expansion contrasts with profitability challenges and heavy capital spending. Risks include customer concentration and debt load, but analyst consensus targets $76.67 suggest significant upside if execution improves.
KWEB trades at $26.38, down 0.38% on the day, with technical indicators showing mixed signals - bullish moving averages but neutral oscillators. The ETF offers concentrated exposure to Chinese internet and AI companies, currently trading near 52-week lows according to Seeking Alpha analysis from June 29, 2026. Recent news highlights China's significant AI infrastructure investments and strong export performance, providing potential catalysts for the underlying holdings.
The ETF presents a value opportunity with Chinese tech stocks trading at discounts to Western peers, though geopolitical tensions and regulatory risks remain concerns. AI-driven growth and government support for technology sectors offer upside potential, but investors face China-specific market volatility and US-China trade friction risks that could impact performance.
Trailing returns across standard periods
Latest headlines on both assets
Applied Digital provides high-performance computing (HPC) infrastructure and cloud services. It designs and operates data centers tailored for AI, machine learning, and other intensive digital workloads across North America.
Read more on APLD →KWEB tracks the CSI Overseas China Internet Index, providing exposure to Chinese software and services companies listed in the US and Hong Kong, including giants like Tencent, Alibaba, and Meituan.
Read more on KWEB →