NasdaqGS:APLDIT
Applied Digital (APLD) Is Up 10.4% After Securing 15-Year Hyperscaler Lease Worth $5.2 Billion
Earlier in June 2026, Applied Digital Corporation announced a new 15-year, take-or-pay lease at its Delta Forge 2 AI Factory campus with a U.S.-based investment-grade hyperscaler, covering 210 MW of critical IT load and adding an estimated US$5.20 billion in base-term contracted revenue.
This latest agreement lifts Applied Digital’s portfolio to five AI Factory campuses with about US$36.00 billion in base-term lease revenue secured and around 70% of that backed by U.S.-based investment-grade...