jain.com

1.41 GW leased critical IT load, ~$36B contracted revenue

Company: Applied Digital

Subject kind
customer
Statement date
2026-10-08
Promised amount
1410.0 MW
Current status
stated

The claim, verbatim

Applied Digital has approximately 1.41 GW of leased critical IT load, representing about $36 billion in revenue over initial lease terms.

Source (primary)

Citizens JMP reiterates Applied Digital’s $60 target on capacity delivery - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗

Quote: “Applied has approximately 1.41 gigawatts (GW) of leased critical IT load, representing about $36 billion in revenue over initial lease terms.”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

The article reports approximately 1.41 GW of leased critical IT load representing about $36 billion in revenue over initial lease terms.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/citizens-jmp-reiterates-applied-digital-152618122.html) in full (7,685 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Citizens JMP reiterates Applied Digital’s $60 target on capacity delivery - Yahoo Finance

Quote: “Applied has approximately 1.41 gigawatts (GW) of leased critical IT load, representing about $36 billion in revenue over initial lease terms.”

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