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via seekingalpha.comBusiness & Companies

Applied Digital targets 3.5-4 GW by end of 2030, expects 600 MW online in next 12 months

FROM THE WIRE · SEEKINGALPHA.COM

Earnings Call Insights: Applied Digital (APLD) Q1 2027 MANAGEMENT VIEW * “Today, we have approximately $36 billion in contracted revenue across 5 campuses, 3 states and 2 very different geographic regions of the country.” (Chairman, CEO, Secretary & Treasurer Wesley Cummins) *…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishApplied Digital's aggressive capacity expansion with $36 billion contracted revenue drives significant growth outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Applied Digital has approximately $36 billion in contracted revenue across 5 campuses in 3 states and 2 geographic regions.
  2. 02Expects to place over 600 megawatts into service in next 12 months versus 250 MW in past 12 months.
  3. 03Currently expects approximately 250 MW of expansion leases to be executed by year-end at materially higher pricing.
  4. 04Entered long-term Power Purchase Agreement with Base Electron for approximately 1,200 MW natural gas facility with deliveries beginning…
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

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