Applied Digital Lands a 5.2 Billion Dollar Hyperscaler Lease as Its AI Factory Portfolio Hits 36 Billion
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Applied Digital Lands a 5.2 Billion Dollar Hyperscaler Lease as Its AI Factory Portfolio Hits 36 Billion

A third lease with an unnamed hyperscaler pushes Applied Digital's contracted revenue to 36 billion dollars and 1.4 gigawatts, sending shares up more than 10 percent and cementing a build-to-suit model for the AI buildout.

PublishedJune 9, 2026
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