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1.3 GW capacity on market

Company: Applied Digital

Subject kind
facility capacity
Statement date
2026-10-08
Promised by
2028-12-31
Promised amount
1.3 GW
Current status
stated

The claim, verbatim

Applied Digital has 1.3 GW of capacity on the market, most expected to energize in 2028.

Source (primary)

Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗

Quote: “Applied Digital has 1.3 gigawatts (GW) of capacity on the market, most of which is expected to energize in 2028”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article cites the Needham note stating Applied Digital has 1.3 GW of capacity on the market, most of it expected to energize in 2028.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/needham-cuts-applied-digital-price-141452666.html) in full (8,735 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance

Quote: “Applied Digital has 1.3 gigawatts (GW) of capacity on the market, most of which is expected to energize in 2028”

View cached copy (2026-10-09)Live source ↗Archive.org ↗