APLD Built a $36B AI Backlog on $6.4B Debt
APLD stock analysis: $36B AI backlog surges 322% — buy or sell?
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In this deep dive, we break down Applied Digital Corporation (APLD) and its massive $36 billion AI contract backlog driving high-performance computing expansion. With quarterly revenue surging 322% YoY to $341.9 million against $6.4 billion in total debt, the key question for investors is whether rapid AI data center growth justifies the…
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