Applied Digital impresses with its AI data center strategy!
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Applied Digital (APLD) is well-positioned to benefit from the massive demand for AI data centers. The company considers Microsoft, Meta, Oracle, Amazon, and Google as direct targets and has already secured contracts with two hyperscalers for a total of 600 MW with unbreakable terms of 15 years. Advanced discussions are underway with another hyperscaler. The long-term goal of achieving $1 billion in operational earnings from data centers within five years is expected to be exceeded. The pipeline includes 900 MW, and three additional sites are planned....
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