Polaris Forge 1 final 150 MW building
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Notes fund construction of Polaris Forge 1's final 150 MW building; full campus is 400 MW.
Source (primary)
Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “to cover construction of Polaris Forge 1's final 150 MW building”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article says the notes cover construction of Polaris Forge 1's final 150 MW building. In the next sentence it refers to the full 400 MW campus.
Confirmed in the source:
- Applied Digital's notes are being used to cover construction of Polaris Forge 1's final 150 MW building
- The full Polaris Forge 1 campus is 400 MW
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/needham-cuts-applied-digital-price-141452666.html) in full (8,735 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Needham cuts Applied Digital price target to $70 on regulatory and financing risk - Yahoo Finance
Quote: “to cover construction of Polaris Forge 1's final 150 MW building”