Applied Digital (APLD) has recently made significant strides, including securing a new lease agreement with CoreWeave for an additional 150MW at their Polaris Forge 1 Campus and announcing the commencement of the Polaris Forge 2 development. These moves, to bolster AI infrastructure and anticipated revenue, optimize regional resources in North Dakota. Despite these expansions, the company’s share price remained flat in the last quarter. This trajectory aligns with broader market movements,…