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Polaris Forge 2 full 200 MW capacity

Company: Applied Digital - Project: Polaris Forge 2

Subject kind
facility timeline
Statement date
2026-01-06
Promised by
2027-03-31
Promised amount
200.0 MW
Current status
stated

The claim, verbatim

Full 200 MW capacity at Polaris Forge 2 expected to be online by early calendar 2027

Source (primary)

applied-digital 8-K exhibit (apldq226earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-22)Live source ↗

Quote: “Initial capacity is anticipated in calendar 2026, with full capacity online by early calendar 2027”

How we checked this

Checked on September 26, 2026. The cited source supports every part of this claim.

The release describes Polaris Forge 2 as a 200 MW campus. It says full capacity is expected online by early calendar 2027.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000002/apldq226earningsrelease.htm) in full (44,381 characters, retrieved September 22, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (apldq226earningsrelease.htm)

Quote: “Initial capacity is anticipated in calendar 2026, with full capacity online by early calendar 2027”

View cached copy (2026-09-22)Live source ↗