Applied Digital Announces Energization of its 200-Megawatt Datacenter in Garden City, Texas
20 Outubro 2023 - 9:00AM
Applied Digital Corporation (Nasdaq:
APLD) ("Applied Digital" or the
"Company"), a designer, builder, and operator of
next-generation digital infrastructure designed for
High-Performance Computing (“HPC”) applications, today announced
the energizing of its 200-megawatt (MW) facility in Garden City,
Texas. The energization of the Garden City facility marks Applied
Digital’s third successful next-generation datacenter development
within North America for blockchain hosting operations. Once fully
energized, this location will bring Applied Digital to the full
planned 480MW of total hosting capacity across its blockchain
hosting facilities.
“The successful energization of our third
blockchain hosting facility, located in Garden City, Texas,
represents a significant milestone for Applied Digital,” said
Applied Digital CEO and Chairman Wes Cummins. “We remain dedicated
to providing digital infrastructure solutions for high-performance
computing that redefines traditional data centers, including our
existing blockchain hosting operations and other HPC
applications.”
About Applied DigitalApplied
Digital (Nasdaq: APLD) designs, develops, and operates
next-generation data centers across North America to provide
digital infrastructure solutions to the rapidly growing
high-performance computing (HPC) industry. Find more information at
www.applieddigital.com. Follow us on Twitter at @APLDdigital.
Forward-Looking StatementsThis
release contains "forward-looking statements" as defined in the
Private Securities Litigation Reform Act of 1995 regarding, among
other things, future operating and financial performance, product
development, market position, business strategy and objectives.
These statements use words, and variations of words, such as
"continue," "build," "future," "increase," "drive," "believe,"
"look," "ahead," "confident," "deliver," "outlook," "expect," and
"predict." Other examples of forward-looking statements may
include, but are not limited to, (i) statements of Company plans
and objectives, including our evolving business model, or estimates
or predictions of actions by suppliers, (ii) statements of future
economic performance, and (iii) statements of assumptions
underlying other statements and statements about the Company or its
business. You are cautioned not to rely on these forward-looking
statements. These statements are based on current expectations of
future events and thus are inherently subject to uncertainty. If
underlying assumptions prove inaccurate or known or unknown risks
or uncertainties materialize, actual results could vary materially
from the Company's expectations and projections. These risks,
uncertainties, and other factors include: decline in demand for our
products and services; the volatility of the crypto asset industry;
the inability to comply with developments and changes in
regulation; cash flow and access to capital; and maintenance of
third party relationships. Information in this release is as of the
dates and time periods indicated herein, and the Company does not
undertake to update any of the information contained in these
materials, except as required by law.
Investor Relations ContactsMatt Glover or Alex
KovtunGateway Group, Inc.(949) 574-3860APLD@gateway-grp.com
Media ContactBrenlyn Motlagh or Diana
JarrahGateway Group, Inc.(949) 899-3135APLD@gateway-grp.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b96df877-9c6d-4fea-b0e9-1504b4c8860a
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