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Sep 29, 2026Applied Digital (APLD): $36B of signed AI leases, 175 MW live, and a stock down 49%
Applied Digital holds 1.4 GW of 15-year AI data center leases worth about $36B, yet only 175 MW is running and the stock is 49% off its high. What APLD does, how it makes money, and what the market is
Sep 29, 20268 min read0 reactions0 comments