On Thursday, Applied Digital (APLD.US), a company associated with the Nvidia portfolio, saw its shares rise more than 5% in pre-market trading to $31.06. The catalyst was the company's release of its fiscal 2026 second-quarter financial results for the period ending November 30, 2025, which reported revenue of $126.6 million, a staggering 250% year-over-year increase. Basic and diluted net loss per share attributable to common stockholders was $0.11, representing a significant 82% narrowing compared to the prior year, while adjusted net profit reached $10 thousand. Management emphasized that AI infrastructure represents a once-in-a-generation investment opportunity, noting that capital expenditure from hyperscale companies already exceeds $400 billion annually and is growing rapidly. Applied Digital stated it is well-positioned due to its early strategic investments in customized next-generation data centers. The company anticipates achieving a net operating income (NOI) target exceeding $1 billion over the next five years.