HPC capacity under construction
Company: Applied Digital
The claim, verbatim
As of May 31, 2026, approximately 1.5 GW of critical IT load contracted and operating or under construction across five named campuses
Source (primary)
View 10-K (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “As of May 31, 2026, we had approximately 1.5 GW of critical IT load that is contracted and operating or under construction across our five named campuses”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing's site and power pipeline section states approximately 1.5 GW contracted and operating or under construction across five named campuses as of May 31, 2026.
Confirmed in the source:
- As of May 31, 2026, approximately 1.5 GW of critical IT load was contracted and operating or under construction
- This capacity spans five named campuses
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000048/0001144879-26-000048.pdf) in full (630,756 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K
Quote: “As of May 31, 2026, we had approximately 1.5 GW of critical IT load that is contracted and operating or under construction across our five named campuses”