Contracted lease revenue from two hyperscalers and CoreWeave
Company: Applied Digital
The claim, verbatim
Applied Digital has approximately $36 billion in base-term contracted lease revenue with customers including two hyperscalers and CoreWeave
Source (primary)
Applied Digital Named One Of Wells Fargo Top Ideas — Analyst Highlights Backlog Quality, Power Advantage And Valuation Discount - TradingView (-, news_article)
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Quote: “representing roughly $36 billion in base-term contracted lease revenue. The campuses are being built for two hyperscalers and CoreWeave Inc.”
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Additional evidence
confirms Applied Digital Named One Of Wells Fargo Top Ideas — Analyst Highlights Backlog Quality, Power Advantage And Valuation Discount - TradingView
Quote: “representing roughly $36 billion in base-term contracted lease revenue. The campuses are being built for two hyperscalers and CoreWeave Inc.”