800 MW of capacity still needs financing
Company: Applied Digital
The claim, verbatim
CEO Wes Cummins said the company still needs to finance about 800 MW of data center capacity over the next 12 months.
Source (primary)
Applied Digital Slumps 8% as CEO Says 800 MW Still Needs Financing; Nebius and CoreWeave Fall 6% - 24/7 Wall St. (-, news_article)
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Quote: “the company still needs to finance about 800 megawatts (MW) of data center capacity over the next 12 months”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital Slumps 8% as CEO Says 800 MW Still Needs Financing; Nebius and CoreWeave Fall 6% - 24/7 Wall St.
Quote: “the company still needs to finance about 800 megawatts (MW) of data center capacity over the next 12 months”
confirms APLD Stock Hits Over 1-Year Low: CEO Says It’s Not a Neocloud, But 800 MW Capacity Still Needs Financing - Yahoo Finance
Quote: “Applied Digital still needs to secure financing for about 800 megawatts of data center capacity over the next 12 months”
confirms APLD Stock Hits Over 1-Year Low: CEO Says It’s Not a Neocloud, But 800 MW Capacity Still Needs Financing - Stocktwits
Quote: “Applied Digital still needs to secure financing for about 800 megawatts of data center capacity over the next 12 months”