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Applied Digital disclosed its first international project, securing access to up to 1 GW of potential power capacity in Finland and progressing large AI-focused data centers such as the fully leased Polaris Forge 1 campus, which now supports 250 MW of operational critical IT load. Recent quarterly results combined…
A first international power deal is failing to steady Applied Digital (NASDAQ:APLD) stock ahead of the company’s quarterly report, as AI data center developers sell off as a group. Applied Digital stock is at $24.25, down 4% in morning trading. Also, IREN Limited (NASDAQ:IREN) stock is at $39.78, down 4%, sliding in…