Applied Digital gains after breaking ground on 'Delta Forge 1' AI campus
ReutersJan 22, 2026 1:24 PM
Shares of data center operator Applied Digital APLD.O up 2.5% at $35.92 premarket
Co announces it has broken ground on Delta Forge 1, an AI factory campus located in a southern U.S. state
"Initial operations at Delta Forge 1 are expected to commence in mid-2027," co says
APLD adds, Delta Forge 1 is designed to support an initial 430 MW of total utility power, enabling up to 300 MW of critical IT load, with capacity to scale further in 2028 and beyond
APLD shares more than tripled in 2025
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