Polaris Forge 2 full capacity in 2027
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Polaris Forge 2 expected to reach full capacity in 2027
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “The initial 200 MW is expected to begin to come online in 2026 and reach full capacity in 2027”
How we checked this
Checked on October 12, 2026. The cited source supports part of this claim, but not all of it.
The release says only the initial 200 MW phase is expected to reach full capacity in 2027. It describes the campus as roughly 300 MW and designed for future expansion, potentially up to 1 GW.
Confirmed in the source:
- The initial 200 MW phase of Polaris Forge 2 is expected to reach full capacity in 2027
We could not confirm this from the cited source:
- The Polaris Forge 2 campus as a whole is expected to reach full capacity in 2027
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/131/applied-digital-reports-fiscal-first-quarter-2026-results/) in full (34,802 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “The initial 200 MW is expected to begin to come online in 2026 and reach full capacity in 2027”
confirms Earnings Release
Quote: “and reach full capacity in 2027, with the campus designed for future expansion”