Applied Digital said on Wednesday that it signed a $5 billion infrastructure lease agreement with a U.S. hyperscaler. Shares of the data center company dropped more than 7% following the announcement, continuing a recent slumped that's sent the stock down over 20% in the past week. The stock has still almost quadrupled this year. The lease announced on Wednesday is for about 15 years and will deliver 200 megawatts of capacity at the company's Polaris Forge 2 campus in North Dakota. It brings the company's t ...