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Polaris Forge 1 - expansion beyond 1 GW potential 2028-2030

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility capacity
Statement date
2025-10-09
Promised by
2028-01-01
Promised amount
1.0 GW
Current status
stated

The claim, verbatim

Polaris Forge 1 campus believed to have potential to expand significantly beyond 1 GW starting 2028 to 2030 with additional power allocations

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 has the potential to expand significantly, with additional power allocations expected to push capacity beyond 1 gigawatt ("GW") starting in 2028 to 2030.”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

Management commentary states the expansion potential, the beyond-1 GW figure, the 2028-2030 timing, and the dependence on additional power allocations.

Confirmed in the source:

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 has the potential to expand significantly, with additional power allocations expected to push capacity beyond 1 gigawatt ("GW") starting in 2028 to 2030.”

View cached copy (2026-09-01)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “with additional power allocations expected to push capacity beyond 1 gigawatt ("GW") starting in 2028 to 2030”

View cached copy (2026-09-29)Live source ↗

confirms Earnings Release

Quote: “with additional power allocations expected to push capacity beyond 1 gigawatt ("GW") starting in 2028 to 2030”

View cached copy (2026-10-03)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “with additional power allocations expected to push capacity beyond 1 gigawatt ("GW") starting in 2028 to 2030”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “with additional power allocations expected to push capacity beyond 1 gigawatt ("GW") starting in 2028 to 2030”

View cached copy (2026-10-08)Live source ↗Archive.org ↗