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Benzinga
Benzinga
Business
Vaishali Prayag

Applied Digital Shares Jump as Company Announces $3 Billion Polaris Forge 2 AI Campus in North Dakota

Applied Digital North Dakota APLD
Genetic,Research,Scientist,Using,Microscope,In,An,Applied,Science,Laboratory

Applied Digital Inc. (NASDAQ:APLD) shares are trading higher Monday after the company announced plans to break ground in September on a $3 billion AI data campus in Harwood, North Dakota.

What To Know: The site, named Polaris Forge 2, will be a 280-megawatt facility designed to scale beyond its initial capacity, with operations beginning in 2026 and full capacity expected in early 2027.

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