Applied Digital vs. TeraWulf: Which AI Data Center Stock Is the Better Buy?
Both neoclouds are at the center of a multiyear boom.
Overview
Applied Digital (NASDAQ: APLD) and TeraWulf (NASDAQ: WULF) are two of the top AI stocks riding the data center wave. Both neocloud companies develop and operate facilities that serve hyperscalers, but their stock returns have been a little different this year.
TeraWulf is up by 36%, while Applied Digital has gained just 11%. Is that gap just a fluke, or is it a sign of things to come? Here's what investors should consider.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.