Polaris Forge 2 - potential expansion to 1 GW
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Polaris Forge 2 campus believed to ultimately scale to 1 GW pending future power agreements
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “We believe this campus could ultimately scale to 1 GW, pending future power agreements.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
Management commentary states this belief and the power-agreement condition.
Confirmed in the source:
- Applied Digital believes Polaris Forge 2 could ultimately scale to 1 GW
- That expansion is contingent on future power agreements
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 (34,764 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “We believe this campus could ultimately scale to 1 GW, pending future power agreements.”
confirms Earnings Release
Quote: “We believe this campus could ultimately scale to 1 GW, pending future power agreements.”
confirms Earnings Release
Quote: “We believe this campus could ultimately scale to 1 GW, pending future power agreements.”