Applied Digital has signed a new 15-year agreement with a major U.S. hyperscaler, adding $7.5 billion to its revenue backlog, which now totals $31 billion. This deal highlights strong demand for AI infrastructure and suggests further growth potential as AI data center buildouts continue. While risks like hyperscaler spending slowdowns exist, current momentum supports a positive outlook for Applied Digital's valuation and future revenue streams.
Applied Minerals, Inc. has introduced DRAGONITE-PM-850, a new reactive grade of its halloysite clay product designed for cementitious applications. This Class N pozzolan improves cement strength, exceeding standard compressive strength by 25-26% at 7...
Applied Digital announced a 15-year take-or-pay lease with a U.S.-based high investment-grade hyperscaler for its Polaris Forge 3 AI Factory campus, designed to deliver 300 MW of critical IT load for AI workloads. This deal adds approximately $7.5 bi...
