Funding needed for ~800 MW within 12 months
Company: Applied Digital
The claim, verbatim
CEO Wes Cummins said on CNBC that Applied Digital needs funding for roughly 800 MW more capacity within 12 months.
Source (primary)
Applied Digital Soars 7% as Data Center Stocks Rebound on a Rival’s “Fully Funded” Backlog - TIKR.com (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “CEO Wes Cummins said on CNBC on Monday that it needs funding for roughly 800 MW more within 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 Soars 7% as Data Center Stocks Rebound on a Rival’s “Fully Funded” Backlog - TIKR.com
Quote: “CEO Wes Cummins said on CNBC on Monday that it needs funding for roughly 800 MW more within 12 months”