Third PF1 building and other campuses under construction
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
The third HPC building at Polaris Forge 1 (150 MW), along with Polaris Forge 2, Polaris Forge 3, Delta Forge 1, and Delta Forge 2, are in various stages of construction.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “The third HPC building at Polaris Forge 1 (150 MW), along with Polaris Forge 2, Polaris Forge 3, Delta Forge 1, and Delta Forge 2, are in various stages of construction”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release states that all of these projects are in various stages of construction.
Confirmed in the source:
- The third HPC building at Polaris Forge 1 is 150 MW
- The third Polaris Forge 1 building, Polaris Forge 2, Polaris Forge 3, Delta Forge 1 and Delta Forge 2 are in various stages of construction
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000057/apldq127earningsrelease.htm) in full (40,037 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms EX-99.1
Quote: “The third HPC building at Polaris Forge 1 (150 MW), along with Polaris Forge 2, Polaris Forge 3, Delta Forge 1, and Delta Forge 2, are in various stages of construction”