---
title: "Applied Digital Stock Surges On $7.5B Hyperscaler Lease Deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284902332.md"
description: "Shares of Applied Digital Corp (NASDAQ: APLD) surged following a $7.5 billion lease agreement with a U.S.-based hyperscaler for 300 megawatts at its Delta Forge 1 AI Factory. This 15-year deal aims to enhance revenue and diversify the customer base, focusing on AI and high-performance computing. The hyperscaler is the second U.S. tenant in Applied Digital's portfolio, bringing total contracted lease revenue to over $23 billion, solidifying the company's market position."
datetime: "2026-05-01T13:03:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284902332.md)
  - [en](https://longbridge.com/en/news/284902332.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284902332.md)
---

# Applied Digital Stock Surges On $7.5B Hyperscaler Lease Deal

Shares of Applied Digital Corp (NASDAQ: APLD) surged as the company announced a significant lease agreement with a new U.S.-based high investment-grade hyperscaler. The lease, valued at approximately $7.5 billion over 15 years, is for 300 megawatts of critical IT load at its 430 MW Delta Forge 1 AI Factory campus. This deal is set to enhance revenue streams and diversify the customer base, focusing on supporting artificial intelligence and high-performance computing infrastructure. With this agreement, the hyperscaler becomes the second U.S. tenant across Applied Digital's AI Factory portfolio, totaling contracted lease revenue of over $23 billion. This move further diversifies the customer base with a third hyperscale tenant, consolidating Applied Digital as a top performer in today's market. Detailed coverage is available on Benzinga.com.

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