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Applied Digital Q2 Earnings Call Highlights
Yahoo Finance· 2026-01-07 23:09
Combined, management said the two North Dakota campus agreements represent 600 megawatts of lease capacity and approximately $16 billion in prospective lease revenue.The company also announced a 15-year lease described as roughly $5 billion with a “U.S.-based investment-grade hyperscaler” for 200 megawatts at Polaris Forge Two. Cummins said Polaris Forge Two is a $3 billion project near Harwood, North Dakota, with initial capacity expected in 2026 and full build-out in 2027.Cummins said the remainder of the ...