Advanced talks for 100 MW and 150 MW customer expansions
Company: Applied Digital
The claim, verbatim
In advanced talks with two potential customers for expansions of approximately 100 megawatts and 150 megawatts respectively
Source (primary)
Applied Digital (NASDAQ: APLD) Has $36 Billion In Contracted Leases But Key Risks Remain For Investors - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “disclosed on the fiscal fourth quarter 2026 earnings call that it was in advanced talks with two potential customers for expansions of approximately 100 megawatts and 150 megawatts respectively”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The article reports that the company disclosed these advanced talks on its fiscal Q4 2026 earnings call.
Confirmed in the source:
- Applied Digital was in advanced talks with two potential customers
- The expansions under discussion were approximately 100 megawatts and 150 megawatts respectively
- The talks were disclosed on the fiscal fourth quarter 2026 earnings call
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/25/applied-digital-nasdaq-apld-has-36-billion-in-contracted-leases-but-key-risks-remain-for-investors/) in full (4,050 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (NASDAQ: APLD) Has $36 Billion In Contracted Leases But Key Risks Remain For Investors - foreignpolicyjournal.com
Quote: “disclosed on the fiscal fourth quarter 2026 earnings call that it was in advanced talks with two potential customers for expansions of approximately 100 megawatts and 150 megawatts respectively”