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✕ clear all filtersticker: IRENsentiment: neutralSentiment:bullishneutralbearishshow all (incl. clickbait)
IREN Q3 Earnings Call Highlights
MarketBeat97d agoneutral
IREN Q3 Earnings Call Highlights

IREN (NASDAQ:IREN) used its fiscal third-quarter earnings call to highlight a rapid expansion in AI data center capacity, a new long-term customer agreement with NVIDIA, and continued progress in shifting its business mix away from Bitcoin mining and toward AI Cloud services. Strategic focus: conve

New Nvidia deal pumps crypto stock
TheStreet97d agoneutral
New Nvidia deal pumps crypto stock

IREN Limited (NASDAQ: IREN) shares jumped 27% to $72.28 during after-hours trading on May 7, The move came after the company closed the prior session down 6.77% at $56.85. At press time, the stock had pulled back slightly to $69.45, still up 21.55%. The catalyst was a new strategic ...

Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal
Reuters97d agoneutral
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal

Nvidia will invest up to $2.1 billion in data center operator IREN, as part ‌of a broader deal to deploy up to ‌5 gigawatts of infrastructure to keep up with soaring artificial intelligence ​demand. The tie-up, announced on Thursday, underscores the hunger for computing power amid surging adoption of AI, as frontier model developers and Big Tech firms funnel billions to secure ‌capacity. • Shares of ⁠IREN were up around 9% in extended trading.