Revenue from long-term hosting leases with major customers
Company: Applied Digital
The claim, verbatim
Applied Digital generates revenue primarily through long-term hosting leases with major customers such as CoreWeave
Source (primary)
Super Micro Computer (NASDAQ: SMCI) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger AI Infrastructure Stock - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-12)Live source ↗
Quote: “The company generates revenue primarily through long-term hosting leases with major customers such as CoreWeave and other investment-grade hyperscalers”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states verbatim that Applied Digital's revenue comes primarily from long-term hosting leases with major customers such as CoreWeave.
Confirmed in the source:
- Applied Digital generates revenue primarily through long-term hosting leases
- Its major customers include CoreWeave
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/11/super-micro-computer-nasdaq-smci-edges-out-applied-digital-nasdaq-apld-as-the-stronger-ai-infrastructure-stock/) in full (3,814 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Super Micro Computer (NASDAQ: SMCI) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger AI Infrastructure Stock - foreignpolicyjournal.com
Quote: “The company generates revenue primarily through long-term hosting leases with major customers such as CoreWeave and other investment-grade hyperscalers”