
Applied Digital signs $7.5 billion AI data center lease with US hyperscaler - Reuters
Applied Digital signs $7.5 billion AI data center lease with US hyperscaler Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
No locations linked to this story
Tags
No tags linked to this story
All Coverage
<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxPWERocTM1dGVVOElOd0h5V3c5UkNJUWtyMTBqNEVIY2lLcGVJc2Q0UE5KbHdMNGlnVVdBTWJjcEp6VmVpcVRabXpHa2ZtVVd3MUF5cGJSRHc1YnVLa01LX1QxQkw4Y2NyREdNX25KOFdlcVBHMXF0R3FaSkN5QWYwRl84QmJCRklZYVRzOFhmQmNqQkZNZTdIUWZfcE5MbWJDaW42c0VlZ2FqbFNwS2xYOVVYMzFlSEFfYUE?oc=5" target="_blank">Applied Digital signs $7.5 billion AI data center lease with US hyperscaler</a> <font color="#6f6f6f">Reuters</font>
Applied Digital has signed a 15-year lease worth $7.5 billion with an unnamed U.S.-based hyperscaler at its Delta Forge 1 site, covering 300 megawatts of computing capacity and strengthening its position in the AI data center market.
Applied Digital has entered into a lease agreement with a new U.S.-based high investment-grade hyperscaler at its 430 MW AI Factory campus, Delta Forge 1, marking a significant expansion in its AI data center operations.
Applied Digital's stock rose 10% following the announcement of a $7.5 billion lease agreement with a U.S.-based hyperscaler for its Delta Forge 1 campus, covering 300 MW of capacity for AI and high-performance computing infrastructure.
Applied Digital has secured a $7.5 billion lease agreement with a U.S.-based hyperscaler for 300 MW of capacity at its Delta Forge 1 campus, marking its second U.S.-based investment-grade hyperscaler tenant and bringing total contracted lease revenue to over $23 billion.
Applied Digital has secured a 15-year, $7.5 billion lease with a U.S. hyperscaler for 300 MW at its Delta Forge 1 AI campus, expanding its total contracted revenue to over $23 billion and adding a third hyperscale tenant to its portfolio.
Applied Digital has signed a long-term lease worth $7.5 billion with an unnamed U.S.-based hyperscaler at its new Delta Forge 1 site, strengthening its position as a data center provider for artificial intelligence workloads.
Similar Stories
Related coverage based on topic and tags
Microsoft to invest $18 billion in Australia in AI push - Reuters
Microsoft to invest $18 billion in Australia in AI push Reuters
April 23, 2026 at 01:00 AMGoogle puts AI agents at heart of its enterprise money-making push - Reuters
Google puts AI agents at heart of its enterprise money-making push Reuters
April 22, 2026 at 01:12 PMGoogle in talks with Marvell to build new AI chips, The Information reports - Reuters
Google in talks with Marvell to build new AI chips, The Information reports Reuters
April 19, 2026 at 01:34 PMEurope risks falling behind US, China on AI data centre build-up, Nokia CEO says - Reuters
Europe risks falling behind US, China on AI data centre build-up, Nokia CEO says Reuters
April 23, 2026 at 08:18 AMAI deepens US tech divide as IBM, ServiceNow spark software selloff, TI lifts chipmakers - Reuters
AI deepens US tech divide as IBM, ServiceNow spark software selloff, TI lifts chipmakers Reuters
April 23, 2026 at 02:05 PMTI projects upbeat quarterly results on strong data center chip demand - Reuters
TI projects upbeat quarterly results on strong data center chip demand Reuters
April 22, 2026 at 10:15 PM