Weekly Recap: Potential >$6B from 1.66 GW capacity and refocus to HPC

Applied Digital Corporation (NASDAQ:APLD) is shifting from cloud to high-performance computing and colocation, spinning off ChronoScale and marketing 1.7 GW across several states; with 1.41 GW under construction and potential 100 MW and 150 MW leases, capacity could reach 1.66 GW and yield over $6B contracted revenue.

Previous Week Recap

• APLD Capacity Could Hit 1.66 GW: APLD has 1.41 GW under construction and is marketing 1.7 GW across several states. If 100 MW and 150 MW leases close, capacity could hit 1.66 GW and >$6B contracted revenue.
• APLD Refocused On HPC Growth: Applied Digital (APLD) refocused from cloud to high-performance computing and colocation, separated ChronoScale into a standalone unit, and made HPC its primary growth and go-to-market channel.

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.