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Applied Digital (NASDAQ:APLD) reports fiscal third-quarter 2026 results on April 8, 2026, after the close.

Applied Digital has been growing like gangbusters. Among other things, the company is building data centers that facilitate artificial intelligence (AI).

Applied Digital advances on-site power and cooling solutions to tackle AI energy constraints, aiming to accelerate campus capacity and sustain rising compute demand.

Applied Digital is raising capital against a long-term hyperscaler contract to fund AI infrastructure growth. The company's $2.15 billion financing strengthens its ability to scale in a power-constrained AI market.

CoreWeave's $66.8 billion backlog demonstrates its strong visibility into long-term demand for its services. Applied Digital's long-term lease contracts provide stable and predictable revenue.

Dell Technologies and Applied Digital ride the AI infrastructure boom - one offers scale and profitability; the other pursues growth with higher financial risk.

DALLAS, March 19, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, will host a conference call on Wednesday, April 8, 2026, at 5:00 p.m. Eastern Time to discuss its operations and financial results for the fiscal third quarter ended February 28, 2026. A press release detailing these results will be issued after the market closes on the same day.