jain.com
The Analysis · Companies · People · Methodology

Delta Forge expansion lease negotiations

Company: Applied Digital - Project: Delta Forge 2

Subject kind
customer
Statement date
2026-08-22
Current status
stated

The claim, verbatim

Applied Digital is negotiating leases covering 150 MW of expansion capacity across Delta Forge 1 and Delta Forge 2

Source (primary)

B. Riley Maintains $75 Price Target On Applied Digital (NASDAQ: APLD) After Polaris Forge 2 Site Visit - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “150 MW of expansion capacity across Delta Forge 1 and Delta Forge 2”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/08/22/b-riley-maintains-75-price-target-on-applied-digital-nasdaq-apld-after-polaris-forge-2-site-visit/) in full (2,821 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms B. Riley Maintains $75 Price Target On Applied Digital (NASDAQ: APLD) After Polaris Forge 2 Site Visit - foreignpolicyjournal.com

Quote: “150 MW of expansion capacity across Delta Forge 1 and Delta Forge 2”

View cached copy (2026-08-31)Live source ↗Archive.org ↗