Applied Digital Corporation Secures $7.5B Lease Agreement for New Data Center Campus
Applied Digital Corporation has secured a new long-term lease agreement worth approximately $7.5 billion, increasing its total contracted revenue to around $31 billion across four AI data center campuses. The deal involves the Polaris Forge 3 campus and is expected to support large-scale artificial intelligence workloads.
Tickers: $APLD
Topics: AI infrastructure data centers hyperscale computing lease agreements