Customer concentration with Meta and Oracle
Company: Applied Digital
The claim, verbatim
More than 70 percent of contracted data center capacity is directly with Meta and Oracle
Source (primary)
Wells Fargo Starts Applied Digital (APLD) at Overweight and Calls it a Top Idea - Yahoo Finance (-, news_article)
View cached copy (2026-09-23)Live source ↗
Quote: “More than 70% of the contracted megawatts sit directly with Meta and Oracle”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Wells Fargo Starts Applied Digital (APLD) at Overweight and Calls it a Top Idea - Yahoo Finance
Quote: “More than 70% of the contracted megawatts sit directly with Meta and Oracle”