Applied Digital Corporation (APLD) saw a 16.46% increase in share prices last week after expanding its collaboration with CoreWeave Inc. to a potential $11 billion contract. CoreWeave exercised an option to increase IT load capacity by 150 MW from APLD, totaling 400 MW by 2027. APLD’s net loss narrowed by 16% in Q4 2025, with revenues up by 41%.

While APLD shows promise, some AI stocks may offer higher returns with lower risk. For those seeking an inexpensive AI stock benefiting from Trump tariffs and onshoring, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Applied Digital (APLD) Jumps 16% on New Multi-Billion Dollar Contract