Can Polaris Forge 2 Fuel the Next Leg of Growth for APLD Stock?
Key Takeaways APLD is betting big on Polaris Forge 2 to power its next growth phase amid rising AI demand.The new site follows Polaris Forge 1, which secured $11B in long-term revenues from CoreWeave.APLD's Polaris Forge 2 aims to reach full capacity by early 2027 with phased operations starting in 2026.Applied Digital’s (APLD) hyperscale hosting business remains its core growth driver, supported by rising AI infrastructure demand and expanding commitments from leading hyperscalers. Building on this momentu ...