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 infrastructure growth. However, Applied Digital faces risks from heavy debt and construction deadlines for new facilities. Investors will watch if new hyperscale leases materialize to fill expanding capacity and support revenue growth.
Applied Digital leads gains among AI data center stocks on Pluang, trading at USD 19.45 with a 1-day increase of 9.09%. Riot and Core Scientific also show positive moves, up 6.35% and 4.18% respectively. These shifts reflect active investor interest as of Oct 28, 2026 01:11 WIB.
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...
