Three new campuses totaling 810 MW
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
Applied Digital signed three new campuses totaling 810 MW of capacity (Polaris Forge 3, Delta Forge 2, and one additional) contracted to one investment-grade hyperscaler
Source (primary)
How Far Can Applied Digital Stock Fall If The Business Keeps Growing? - Trefis (-, news_article)
View cached copy (2026-09-18)Live source ↗
Quote: “Applied Digital signed three campuses in four months, among them Polaris Forge 3 and Delta Forge 2, all three to one investment-grade hyperscaler... The question that followed is whether the 810 megawatts in them went out at lower yields than peers get.”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article names Polaris Forge 3 and Delta Forge 2 among three campuses signed to one investment-grade hyperscaler, and refers to the 810 megawatts in them.
Confirmed in the source:
- Applied Digital signed three campuses
- The campuses include Polaris Forge 3 and Delta Forge 2, plus one other
- All three are with one investment-grade hyperscaler
- The three campuses total 810 megawatts
What we did: Read our cached copy of the publisher (https://www.trefis.com/stock/apld/articles/615215/how-far-can-applied-digital-stock-fall-if-the-business-keeps-growing/2026-09-14) in full (11,065 characters, retrieved September 18, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms How Far Can Applied Digital Stock Fall If The Business Keeps Growing? - Trefis
Quote: “Applied Digital signed three campuses in four months, among them Polaris Forge 3 and Delta Forge 2, all three to one investment-grade hyperscaler... The question that followed is whether the 810 megawatts in them went out at lower yields than peers get.”