Secured and under-construction HPC development pipeline
Company: Applied Digital
The claim, verbatim
As of May 31, 2026, Applied Digital had approximately 1.5 GW of critical IT load that is contracted and operating or under construction across five named campuses, of which approximately 100 MW was operating and revenue-generating.
Source (primary)
Applied Digital 10-K filed 2026-07-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
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—Polaris Forge 1, Polaris Forge 2, and Polaris Forge 3 in our northern region and Delta Forge 1 and Delta Forge 2 in our southern region—of which approximately 100 MW was operating and revenue-generating.”
How we checked this
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Additional evidence
confirms Applied Digital 10-K filed 2026-07-29
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—Polaris Forge 1, Polaris Forge 2, and Polaris Forge 3 in our northern region and Delta Forge 1 and Delta Forge 2 in our southern region—of which approximately 100 MW was operating and revenue-generating.”