Path to 3 GW by 2031
Company: Applied Digital
The claim, verbatim
Possible path to 3 GW of total capacity within five years, with cumulative capacity of 3,010 MW by 2031E.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Applied is on a possible path to 3 GW of total capacity within five years.”
How we checked this
Checked on October 7, 2026. The cited source supports every part of this claim.
The text describes the possible path to 3 GW, and the accompanying chart titled 'Path to 3 GW of Total Capacity by 2031E' shows 3,010 MW cumulative in 2031E.
Confirmed in the source:
- Applied Digital says it is on a possible path to 3 GW of total capacity within five years
- The company's chart shows cumulative capacity of 3,010 MW in 2031E
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/_assets/_2ca3a6fc58e47f662a7c51ed55b80806/appliedblockchaininc/db/2905/27269/pdf/APLD_INV_June2026_Updated-compressed.pdf) in full (47,679 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Applied is on a possible path to 3 GW of total capacity within five years.”