~2 GW operating capacity by end of 2028
Company: Applied Digital
The claim, verbatim
CEO Wes Cummings outlined a target of approximately 2 GW of operating capacity by the end of 2028.
Source (primary)
Applied Digital earnings: APLD beats expectations with $341.9M in revenue - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “Cummings at Cumings outlined a target of approximately 2 gigawatts of operating capacity by the end of 2028”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The transcript identifies Wes Cummings as CEO and says he outlined a target of about 2 gigawatts of operating capacity by the end of 2028.
Confirmed in the source:
- Wes Cummings is Applied Digital's CEO
- Cummings outlined a target of approximately 2 GW of operating capacity by the end of 2028
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/video/applied-digital-earnings-apld-beats-231634962.html) in full (16,823 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital earnings: APLD beats expectations with $341.9M in revenue - Yahoo Finance
Quote: “Cummings at Cumings outlined a target of approximately 2 gigawatts of operating capacity by the end of 2028”