Shares of Applied Digital and TeraWulf climbed 5% as the oversold AI capacity sector bounced back, driven by sentiment rather than new company developments. Applied Digital's stock recovered from a recent slide despite no announcements, reflecting market pricing based on its long-term contracted lease backlog rather than spot rate changes. The broader digital infrastructure sector also saw gains, with the Global X Data Center & Digital Infrastructure ETF up 2%, indicating a rotation into this space amid a positive market environment. Investors should note this move is sentiment-driven and monitor if the sector's strength continues beyond a single session.
Following the bounce in oversold AI capacity stocks, Applied Digital and TeraWulf show gains on Pluang as of Sep 17, 2026 21:31 WIB. Applied Digital trades at USD 25.19, up 3.28% for the day, while TeraWulf is priced at USD 16.07 with a 4.42% increase. The broader digital infrastructure theme also sees a rise, with the Global X Data Center & Digital Infrastructure ETF up 1.81% at USD 27.77, reflecting ongoing interest in this sector.
Applied Digital's stock surged 10% following insider buying after a prior selloff, leading gains among AI data center operators alongside Riot and Core Scientific. The rally reflects strong demand for high-performance computing capacity amid AI infra...
TeraWulf's CEO Paul Prager dismissed concerns that its unfinished AI data centers could become stranded assets, emphasizing a financing-first approach with secured power, fixed-price contracts, and long-term tenants before construction. This reassura...
Applied Digital's stock dropped over 30% after reporting its strongest quarter ever, with revenue and earnings beating estimates. Despite this, concerns over high debt and heavy capital spending weighed on investor sentiment. Analysts remain divided,...
Elon Musk warned that debt markets are nearly closed for companies building AI data centers without substantial revenue outside AI, predicting many half-built facilities may be stranded. SpaceX secured $40 billion in GPU debt financing due to its str...
