Thu Jul 17 13:40:00 UTC 2025: Here’s a news article summarizing the text:

**Applied Digital Stock Jumps on Continued AI Optimism**

NEW YORK – Shares of Applied Digital (NASDAQ: APLD) surged 5.4% in afternoon trading today, fueled by ongoing investor confidence in the company’s strategic shift to providing high-performance computing (HPC) data centers for the artificial intelligence (AI) sector. The move reflects the markets consideration as meaningful but not something that would fundamentally change its perception of the business.

Applied Digital is transitioning away from its original business model to capitalize on the rapidly growing demand for AI infrastructure. The company’s focus on building large-scale data centers specifically designed for AI and HPC workloads has resonated with investors and analysts alike.

While no specific announcements drove today’s gains, the positive market reaction underscores the prevailing bullish sentiment surrounding Applied Digital’s strategic direction.

The stock has seen significant volatility in the past year, with 107 moves greater than 5% over the last year. Despite this volatility, APLD is up 28.4% year-to-date and is currently trading at $10.01 per share, though still 27.8% below its 52-week high of $13.86 reached in June 2023.

One analysis suggests the company’s long-term potential is significant, noting that an investment of $1,000 in Applied Digital five years ago would be worth $132,490 today. Investors are encouraged to conduct thorough research and consider market volatility before making investment decisions. A free special report and company analysis is available to investors.

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