🟢 APLD is trading 5.2% up today on $3.6B Louisiana AI infrastructure project

APLD is trading 5.2% up at $47.48 after unveiling a massive $3.6 billion AI infrastructure project in Louisiana.

• The new Delta Forge 1 artificial intelligence factory in Rapides Parish is designed for large-scale AI training, marking a significant pivot toward high-value data center infrastructure.
• Investor enthusiasm for the project is driving gains despite a slightly weaker broader technology tape and soft cryptocurrency prices.