Intelligence Feed event · Equity · 2026-10-04

    Applied Digital Completes 150MW Critical IT Load at Polaris Forge Facility

    Question

    Applied Digital Completes 150MW Critical IT Load at Polaris Forge Facility

    Direct answer

    Applied Digital confirmed operational readiness for the second phase of Building 2 at its Polaris Forge 1 campus in North Dakota. The completion energizes 150 megawatts of critical IT load. The campus operational capacity now stands at 250 megawatts, advancing toward its 400-megawatt target capacity to serve high-density computing tenants.

    Original publisher
    Market Ontology
    Evidence through
    2026-10-04
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Applied Digital Completes 150MW Critical IT Load at Polaris Forge Facility”, revision 1, evidence through 2026-10-04. https://marketontology.com/market-events/2026-10-04/applied-digital-completes-150mw-critical-it-load-at-polaris-forge-facility-0dcff2

    EQUITY
    Applied Digital Completes 150MW Critical IT Load at Polaris Forge Facility
    Applied Digital confirmed operational readiness for the second phase of Building 2 at its Polaris Forge 1 campus in North Dakota. The completion energizes 150 megawatts of critical IT load. The campus operational capacity now stands at 250 megawatts, advancing toward its 400-megawatt target capacity to serve high-density computing tenants.
    APLD
    Impact
    62
    OCT 4
    SIG
    85%
    APLD
    Applied Digital Completes 150MW Critical IT Load at Polaris Forge Facility
    Applied Digital confirmed operational readiness for the second phase of Building 2 at its Polaris Forge 1 campus in North Dakota. The completion energizes 150 megawatts of critical IT load. The campus operational capacity now stands at 250 megawatts, advancing toward its 400-megawatt target capacity to serve high-density computing tenants.
    → Completion of 150MW critical IT load increases energized capacity to 250MW, generating contracted hosting revenue for APLD.
    Impact
    Applied Digital confirmed operational readiness for the second phase of Building 2 at its Polaris Forge 1 campus in North Dakota. The completion energizes 150 megawatts of critical IT load. The campus operational capacity now stands at 250 megawatts, advancing toward its 400-megawatt target capacity to serve high-density computing tenants.
    Affected
    APLD
    Transmission
    Completion of 150MW critical IT load increases energized capacity to 250MW, generating contracted hosting revenue for APLD.

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    APLDcontracted revenue realization from newly energized 150MW datacenter capacityUp1-5dPolaris Forge 1 data center in North Dakota reached ready-for-service status for the second phase of building 2, completing 150 megawatts of critical IT load.

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    What happened next

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