Applied Digital expands to Louisiana with 210 MW lease
The company chose Rapides Parish for its next AI Factory campus, citing power, fiber, community support, and sustainable design, and will create jobs.
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Digital infrastructure provider for AI and hyperscale computing
applieddigital.comLast updated
In short: Applied Digital reported a 407% revenue surge in its fiscal Q4 2026, though its stock price fell due to concerns regarding debt levels.
The company chose Rapides Parish for its next AI Factory campus, citing power, fiber, community support, and sustainable design, and will create jobs.
Revenue surged 407% to $258.7M, net loss $110.6M. Signed $20B in new hyperscaler leases for AI data centers.
The delivery adds 75 MW of AI capacity, bringing total live capacity to 175 MW at the campus.
The 210 MW lease at Delta Forge 2 will power AI data center expansion.
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