Looks like the stock can skyrocket at any time.
Applied Digital (APLD) builds and operates data centers for high-performance computing (HPC) and AI workloads. Their main project is the Ellendale HPC campus in North Dakota, where they've completed a 100MW facility and are constructing two more buildings. They're in talks to lease up to 400MW of capacity to large tech companies.
In addition, Applied Digital has proposed a new data center project in South Dakota, potentially investing up to $16 billion to add 430MW of capacity