Applied Digital Shares Jump 9.8% on AI Capacity Expansion

Key Facts

1Applied Digital shares jumped 9.8% after adding 75 MW of AI capacity.

2Bitdeer Technologies and ON Semiconductor shares posted gains amid a broader tech sector rally.

Applied Digital shares jumped 9.8% after the company added 75 MW of AI capacity. Benzinga reported that this operational expansion served as a catalyst for AI infrastructure and semiconductor stocks, which moved higher during Friday's session.

Bitdeer Technologies and ON Semiconductor also posted gains amid the broader sector rally. APLD closed at $24.16 on October 1, 2026, while BTDR closed at $10.64 and ON closed at $80.08 on the same date.