jain.com

250 MW new leases by end of 2026

Company: Applied Digital

Subject kind
guidance
Statement date
2026-10-14
Promised by
2026-12-31
Promised amount
250.0 MW
Current status
stated

The claim, verbatim

CEO Cummins said the company plans to sign new leases for an additional 250 MW of data center capacity by the end of 2026.

Source (primary)

Applied Digital Stock Is Up Against a Bigger Opportunity Than 322% Revenue Growth. Here’s How. - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗

Quote: “CEO Cummins mentioned the company's plan to sign new leases for an additional 250 MW of data center capacity by the end of 2026”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The article attributes the 250 MW lease plan by end of 2026 to Cummins.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-stock-against-bigger-182221422.html) in full (14,191 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Stock Is Up Against a Bigger Opportunity Than 322% Revenue Growth. Here’s How. - Yahoo Finance

Quote: “CEO Cummins mentioned the company's plan to sign new leases for an additional 250 MW of data center capacity by the end of 2026”

View cached copy (2026-10-15)Live source ↗Archive.org ↗