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Applied Digital (APLD) Jumps to All-Time High on Data Center Kickoff
We recently published 10 Stocks Delivering Outsized Gains; 3 Are Hitting Record Highs. Applied Digital Corp. (NASDAQ:APLD) was one of the best performers on Friday.
Applied Digital snapped a three-day losing streak on Friday, nearly hitting its all-time high, as investors repositioned portfolios after kicking off with the construction of its new 430-megawatt data center in Dallas, Texas.
At intra-day trading, the stock hit its highest price of $39—just $1.2 shy of its all-time high of $40.20—before trimming gains to end the day just up by 8.49 percent at $37.69 apiece.
In a statement on the same day, Applied Digital Corp. (NASDAQ:APLD) said that it has broken ground for Delta Forge 1, an AI factory campus that is capable of supporting 430 MW of total utility power and up to 300 MW of critical IT load.
Applied Digital Breaks Ground on Delta Forge 1, a 430 MW AI Factory Campus in a Southern U.S. State
DALLAS, Jan. 22, 2026 (GLOBE NEWSWIRE) — Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, announced that it has broken ground on Delta Forge 1, an AI Factory campus located in a strategic southern U.S. market.
Delta Forge 1 is designed to support an initial 430 MW of total utility power, enabling up to 300 MW of critical IT load with the ability to scale considerably in 2028 and beyond, translating available power into live, high density AI capacity for hyperscale customers. Purpose-built from the ground up, the campus is engineered to support the power integration, advanced cooling and operational rigor required to run large-scale AI workloads reliably and efficiently.
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