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Applied Digital CEO Wes Cummins on AI buildout, hyperscaler demand and spending

DeFi Daily News by DeFi Daily News
May 27, 2026
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Applied Digital CEO Wes Cummins on AI buildout, hyperscaler demand and spending
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Applied Digital chairman and CEO Wes Cummins joins CNBC’s ‘Squawk on the Street’ discuss the company’s new $7.5 billion hyperscaler lease, the demand for hyperscaler and spending trends.

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Tags: appliedbreaking newsbuildoutbusiness newsCablecable newsCEOcnbcCumminsdemandDigitalfinance newsfinance stockfinancial newshyperscalerMoneymoney tipsnews channelnews stationspendingSquawk on the StreetStock marketStock market newsstocksus newsWesworld news
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