APLD, IREN, NBIS, CORZ: AI Data Center Stocks Jump Sharply As Trump Signals Exiting Iran War

• President Donald Trump said the U.S. would end its military campaign in Iran in two to three weeks.
• The benchmark S&P 500 index gained 2.9% on Tuesday, its sharpest gains in over 10 months. 
• APLD rose 15.5%, while NBIS gained 12.5%; Hyperscaler stocks AMZN, GOOGL, and MSFT rose as well.

Shares of AI data center operators, including Applied Digital and IREN Ltd., rose sharply on Tuesday, after President Donald Trump signaled his intent to end the war in Iran in a couple of weeks.

The war, now in its second month, has pushed oil prices sharply higher, stoking concerns across industries – particularly for businesses where energy is a core input. President Donald Trump said during an Oval Office briefing on Tuesday that the U.S. could wrap up its military campaign within two to three weeks, raising hopes that oil prices may soon ease after surging nearly 60% last month.

Applied Digital shares rose 15.5%, logging their best day in nearly two months. Shares of IREN, which has recently garnered strong interest for its pivot towards data centers aimed at AI workloads and Bitcoin mining, closed 8.4% higher.

Prospects Of Oil Cooling Boost Data Center Stocks

Lower energy and oil prices would reduce their biggest operating cost – power – thereby boosting margins on compute workloads.

Core Scientific, another data center operator for crypto mining, jumped 7.6%, while neocloud firm Nebius jumped 12.5%. Nvidia-backed Nebius on Tuesday announced plans to set up one of Europe’s largest AI data centers in Finland.

Shares of major hyperscalers Amazon, Microsoft, and Google jumped 3.1% to 5.1%. The benchmark S&P 500 index gained 2.9%, its sharpest gains in over 10 months. 

Retail Turns Optimistic On APLD

For Applied Digital investors, Tuesday’s move came as a relief. Its shares had declined 24.6% in the month through Monday and were heading for their worst monthly move in a year. 

On Stocktwits, retail sentiment for ALPD has climbed since the start of the week and was ‘extremely bullish’ late Tuesday. The sentiment remained ‘bullish’ for IREN and ‘bearish’ for Core Scientific, while the reading for NBIS shifted to ‘neutral’ from ‘bearish’ for Nebuis.

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