Initial Polaris Forge 1 capacity online
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
100 megawatts came online at Polaris Forge 1 in fiscal Q4 2026
Source (primary)
Applied Digital (NASDAQ: APLD) Stock Has Fallen 44% In Three Months, But A $36 Billion Backlog Tells A Different Story - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗
Quote: “fiscal Q4 2026 financials primarily reflect only the initial 100 megawatts online at Polaris Forge 1”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document says Q4 2026 financials primarily reflect only the initial 100 megawatts online at Polaris Forge 1.
Confirmed in the source:
- An initial 100 megawatts was online at Polaris Forge 1, reflected in fiscal Q4 2026 financials
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/04/applied-digital-nasdaq-apld-stock-has-fallen-44-in-three-months-but-a-36-billion-backlog-tells-a-different-story/) in full (4,165 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (NASDAQ: APLD) Stock Has Fallen 44% In Three Months, But A $36 Billion Backlog Tells A Different Story - foreignpolicyjournal.com
Quote: “fiscal Q4 2026 financials primarily reflect only the initial 100 megawatts online at Polaris Forge 1”