1.3 GW marketed capacity mostly energizing in 2028
Company: Applied Digital
The claim, verbatim
Applied Digital has 1.3 GW of capacity on the market, most of which is expected to energize in 2028, according to the Needham note.
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: “According to the note, 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 states both points and attributes them to the Needham note.
Confirmed in the source:
- According to the Needham note, Applied Digital has 1.3 GW of capacity on the market
- Most of that capacity is expected to energize in 2028
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: “According to the note, Applied Digital has 1.3 gigawatts (GW) of capacity on the market, most of which is expected to energize in 2028.”