Customer concentration risk
Company: Applied Digital
The claim, verbatim
Over 70% of Applied Digital's contracted megawatts are tied to a few major tenants
Source (primary)
Should AI Data Center Pivot Require Action From Applied Digital Stock Investors? - simplywall.st (-, news_article)
View cached copy (2026-09-23)Live source ↗
Quote: “over 70% of megawatts are tied to a few tenants”
How we checked this
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Additional evidence
confirms Should AI Data Center Pivot Require Action From Applied Digital Stock Investors? - simplywall.st
Quote: “over 70% of megawatts are tied to a few tenants”