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Barchart
Barchart
Wajeeh Khan

SHOCKING: Applied digital apld stock jumps on data center deal - What They Never Told You

Applied Digital (APLD) shares were in favor on June 9 after the company announced its third 15-year lease agreement with an undisclosed U.S.-based investment-grade hyperscaler.

The new deal involves 210 megawatts of critical IT load at Delta Forge 2, the firm’s fifth artificial intelligence (AI) factory campus, located in an undisclosed southern state.

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