On June 12, Applied Digital rose 5.62% in regular trading, trading at 44.06 USD/share, with turnover of $147 million. The rally was driven by continued positive momentum following a series of major corporate developments announced earlier this week.

On the news front, Applied Digital recently signed a 15-year take-or-pay lease agreement with a U.S.-based investment-grade hyperscaler covering 210 megawatts of IT capacity at its new AI Factory campus, Delta Forge 2. The deal is expected to generate approximately $5.2 billion in base revenue, potentially reaching $12.7 billion if all renewal options are exercised over 30 years. This marks the company's third long-term lease with the same hyperscaler, expanding its AI Factory franchise to a fifth campus with a total contracted portfolio of approximately $36 billion.

Additionally, the company secured a $550 million revolving credit facility and announced plans to issue $1.59 billion in senior secured notes to finance expansion of its Polaris Forge 1 facility in North Dakota. These multiple catalysts have significantly reinforced market confidence in Applied Digital's AI data center expansion trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)