Market StabilityThe deal with CoreWeave is expected to end the frequent changes in price targets that have affected Applied Digital, providing stability to its valuation.
Revenue GrowthApplied Digital announced a 15-year, $7B deal with CoreWeave for 250MW in Ellendale, ND, which significantly impacts the company's future revenue growth.
Strategic PartnershipsCollaboration with a neocloud HPC provider like CoreWeave is seen as advantageous over traditional hyperscalers, due to their agility and responsiveness to market trends.