Applied Digital (APLD) stock surges on $7.5B hyperscaler lease deal

Applied Digital had a strong Wednesday, with shares jumping 10% after the company announced a major lease agreement at its Delta Forge 1 campus that is set to bring in roughly $7.5 billion in contracted revenue over the life of the deal. The lease, signed with a U.S.-based investment-grade hyperscaler, covers 300 megawatts of critical […] The post Applied Digital (APLD) stock surges on $7.5B hyperscaler lease deal appeared first on Rolling Out.

Applied Digital  (APLD) stock surges on $7.5B hyperscaler lease deal

Applied Digital had a strong Wednesday, with shares jumping 10% after the company announced a major lease agreement at its Delta Forge 1 campus that is set to bring in roughly $7.5 billion in contracted revenue over the life of the deal. The lease, signed with a U.S.-based investment-grade hyperscaler, covers 300 megawatts of critical […]

The post Applied Digital (APLD) stock surges on $7.5B hyperscaler lease deal appeared first on Rolling Out.