Applied Digital (NASDAQ: APLD) Locks In $5.2 Billion Lease At Fifth AI Factory Campus, Lifting Contracted Revenue To $36 Billion

Foreign Policy Journal

Foreign Policy Journal

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June 10, 2026

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Applied Digital (NASDAQ: APLD) Locks In $5.2 Billion Lease At Fifth AI Factory Campus, Lifting Contracted Revenue To $36 Billion

Applied Digital (NASDAQ: APLD) has signed a 5.2 billion, 15-year lease for 210 megawatts of critical IT capacity at its Delta Forge 2 AI Factory campus in a southern U.S. state. The agreement was reached with a U.S.-based high investment-grade hyperscaler, marking the third major deal between the two parties following two prior long-term contracts. [] The post Applied Digital (NASDAQ: APLD) Locks In 5.2 Billion Lease At Fifth AI Factory Campus, Lifting Contracted Revenue To 36 Billion appeared first on Foreign Policy Journal.

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