Applied Digital (APLD) Stock Jumps as Company Scores $5 Billion Hyperscaler Deal

TLDR Applied Digital signed a 15-year lease worth approximately $5 billion with a U.S. investment grade hyperscaler for 200 MW at its Polaris Forge 2 campus in North Dakota The deal brings Applied Digital’s total leased capacity across its North Dakota campuses to 600 MW with two major global hyperscalers The hyperscaler secured first right [...]

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