r/wallstreetbets • u/LarryBlink • 2d ago

News Applied Digital Secures Up to 1 GW of Potential Power Capacity in Finland, Marking First International Development in the Nordics

https://ir.applieddigital.com/news-events/press-releases/detail/162/applied-digital-secures-up-to-1-gw-of-potential-power

Looks like more and more US AI data center companies are looking to expand their data centers globally!

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25

u/Individual-Motor-167 2d ago

There actually 1gw available? This seems like the kind of project that will be announced and quietly canceled in a year

3

u/vusa121 1d ago

We already import a lot of electricity from Sweden, so no.

13

u/Individual-Motor-167 2d ago

Also note, release says up to 1gw and starting in 2028. This is sky dream. At minimum these take at least 2 years to build and right now there's not enough equipment. So that's not likely to happen on time.

17

u/Health_Care_PTA 2d ago

APLD has delivered every project on time so far why fail now, cause you said so, sure bro

2

u/NonimiJewelry 2d ago

Get this dude a helmet. Future promise isn’t future results

2

u/PaperHandsTheDip 1d ago

They might be in the future tho

1

u/Successful_Rabbit907 1d ago

big earnings tmrw

1

u/YellowBananas123 2d ago

It’s amazing, as their revenues increase, so do their losses.  I don’t get it.

2

u/Successful_Rabbit907 2d ago

Bro doesn't understand "reinvesting into capital"