500 MW hosting capacity target
Company: Applied Digital
The claim, verbatim
Company expects to reach 500 MW hosting capacity across three hosting facilities in the near term.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “remain on track to reach 500 MW across our three hosting facilities in the near term”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
CEO Wes Cummins says in the release that the company remains on track to reach 500 MW across its three hosting facilities in the near term.
Confirmed in the source:
- Applied Digital says it is on track to reach 500 MW of hosting capacity
- The 500 MW would span its three hosting facilities
- The target is expected in the near term
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/81/applied-digital-reports-fiscal-second-quarter-2024-results/) in full (25,951 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “remain on track to reach 500 MW across our three hosting facilities in the near term”