jain.com

1.4 GW contracted backlog across multiple tenants

Company: Applied Digital

Subject kind
customer
Statement date
2026-10-08
Promised amount
1400.0 MW
Current status
stated

The claim, verbatim

Applied Digital has a contracted backlog of 1.4 GW across multiple tenants and campuses, as highlighted by Wells Fargo.

Source (primary)

Applied Digital (APLD) Stock Gets Fair Value Trim As Analysts Weigh AI Growth And Funding Risk - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗

Quote: “highlighting a contracted 1.4 GW backlog across multiple tenants and campuses”

How we checked this

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

The article says Wells Fargo called the stock a top idea and highlighted a contracted 1.4 GW backlog across multiple tenants and campuses.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-apld-stock-gets-121122243.html) in full (10,353 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital (APLD) Stock Gets Fair Value Trim As Analysts Weigh AI Growth And Funding Risk - Yahoo Finance

Quote: “highlighting a contracted 1.4 GW backlog across multiple tenants and campuses”

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