$36 billion revenue backlog
Company: Applied Digital
The claim, verbatim
Applied Digital has a US$36 billion mostly hyperscaler-backed contracted revenue backlog
Source (primary)
Applied Digital (APLD) Is Down 5.6% After Higher Yields Pressure Backlog Value And Financing Costs - simplywall.st (-, news_article)
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Quote: “its US$36 billion, mostly hyperscaler-backed backlog”
How we checked this
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Additional evidence
confirms Applied Digital (APLD) Is Down 5.6% After Higher Yields Pressure Backlog Value And Financing Costs - simplywall.st
Quote: “its US$36 billion, mostly hyperscaler-backed backlog”