3 GW capacity target within five years
Company: Applied Digital
The claim, verbatim
Applied Digital is on a possible path to 3 GW of total capacity within five years.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-09-01)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 September 16, 2026. The cited source supports every part of this claim.
The growth slide makes this statement, conditioned on continued demand and the ability to secure power, contracts, supply chain capacity and talent, and the capacity chart shows 3,010 MW cumulative by 2031E.
Confirmed in the source:
- Applied Digital describes itself as on a possible path to 3 GW of total capacity within five years
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/_assets/_0d036ffb66b2bfe154912829a47150be/appliedblockchaininc/db/2905/27269/pdf/APLD_INV_June2026_Updated-compressed.pdf) in full (47,679 characters, retrieved September 1, 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.”