Contracted capacity
Company: Applied Digital
The claim, verbatim
Applied Digital has 1.4 gigawatts of contracted capacity
Source (primary)
Wells Fargo Initiates Applied Digital (NASDAQ: APLD) With Overweight Rating, Names It A Top Idea - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “1.4 gigawatts of contracted capacity”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article says Wells Fargo cited 1.4 gigawatts of contracted capacity at Applied Digital as a key reason for its Overweight rating. The figure comes from the analyst's report as the article relays it, not from the company.
Confirmed in the source:
- Applied Digital has 1.4 gigawatts of contracted capacity (per Wells Fargo's initiation report, as described in the article)
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/18/wells-fargo-initiates-applied-digital-nasdaq-apld-with-overweight-rating-names-it-a-top-idea/) in full (3,115 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Wells Fargo Initiates Applied Digital (NASDAQ: APLD) With Overweight Rating, Names It A Top Idea - foreignpolicyjournal.com
Quote: “1.4 gigawatts of contracted capacity”