Advanced talks on ~150 MW expansion with existing customer
Company: Applied Digital
The claim, verbatim
CEO Wes Cummins said Applied Digital was in advanced talks with a second existing customer on a potential deal adding about 150 MW at materially higher lease rates.
Source (primary)
Applied Digital’s Revenue Is Likely About to Plunge. Don’t Let That Fool You on October 7. - Yahoo Finance (-, news_article)
View cached copy (2026-10-03)Live source ↗
Quote: “CEO Wes Cummins said that Applied Digital was in advanced talks with two existing customers. The potential deals would add about 100 MW and 150 MW at materially higher lease rates.”
How we checked this
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Additional evidence
confirms Applied Digital’s Revenue Is Likely About to Plunge. Don’t Let That Fool You on October 7. - Yahoo Finance
Quote: “CEO Wes Cummins said that Applied Digital was in advanced talks with two existing customers. The potential deals would add about 100 MW and 150 MW at materially higher lease rates.”