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IREN Soars 40% in 5 Days as Nvidia AI Deal Highlights Ownership
market-news16 days ago

IREN Soars 40% in 5 Days as Nvidia AI Deal Highlights Ownership

IREN Limited jumped more than 40% in five days after announcing a $5.5 billion AI infrastructure deal with Nvidia, including a $3.4 billion cloud services agreement and up to $2.1 billion in equity, with plans to deploy up to 5 GW of Nvidia-aligned AI infrastructure across its data-center pipeline (including a 2 GW Texas campus). The rally comes despite a Q3 earnings miss, with revenue down about 2% to $144.8 million and a loss of $0.30 per share. Ownership shows public companies and individual investors holding about 79.38% of shares, insiders 8.64%, and ETFs 6.77%; analysts maintain a Moderate Buy with a $72.56 price target (~24% upside).

via TipRanks|
#ai#iren#market-news
Iren Stock Breaks Out as Nvidia Deal Highlights AI Cloud Push
business17 days ago

Iren Stock Breaks Out as Nvidia Deal Highlights AI Cloud Push

Iren Limited’s stock extended its breakout after Nvidia signed a $3.4 billion cloud-services deal with Iren, with Nvidia set to invest about $2.1 billion via share purchases. Analysts remain bullish despite a Q3 miss, noting the Nvidia pact—alongside Iren’s prior Microsoft AI-cloud engagement—validates Iren’s ability to monetize AI infrastructure and lift its AI Cloud ARR toward $3.7 billion. Price targets from analysts vary (e.g., Compass Point at $105, HC Wainwright at $85) with a street consensus around $72.56, indicating meaningful upside ahead.

via TipRanks|
#ai-cloud#analysts#business
Nvidia backs IREN with up to $2.1B to build Nvidia-optimized AI data centers
technology18 days ago

Nvidia backs IREN with up to $2.1B to build Nvidia-optimized AI data centers

Nvidia will invest up to $2.1B in IREN via five-year warrants to buy up to 30 million IREN shares at $70, funding the build-out of up to 5 GW of Nvidia-optimized AI data-center infrastructure; IREN also has a $3.4B Nvidia AI cloud contract, and if all warrants are exercised, Nvidia’s total investment would reach $2.1B. IREN’s Q3 results were weaker than estimates.

via Sherwood News|
#ai-infrastructure#data-centers#iren
NVIDIA and IREN Unite to Scale AI Infrastructure Across 5 GW
technology18 days ago

NVIDIA and IREN Unite to Scale AI Infrastructure Across 5 GW

NVIDIA and IREN announced a strategic partnership to deploy up to 5 gigawatts of DSX-aligned AI infrastructure across IREN’s global data-center pipeline, including a flagship 2 GW Sweetwater campus in Texas; the deal also grants NVIDIA a five-year right to purchase up to 30 million shares of IREN, potentially investing up to $2.1 billion, with a plan to accelerate large-scale AI factories by integrating DSX architecture with IREN’s power, land, and operations.

via NVIDIA Newsroom|
#ai-infrastructure#data-centers#dsx
Iren stock climbs 9% as Nvidia backs Nebius, fueling AI infra optimism
business2 months ago

Iren stock climbs 9% as Nvidia backs Nebius, fueling AI infra optimism

Iren Limited rose about 9% after Nvidia-backed Nebius (NBIS) agreed to a $2 billion investment, boosting confidence in neo-cloud AI infrastructure. Nvidia’s deal supports Nebius and comes as Iren plans to buy up to 50,000 Nvidia GPUs to reach roughly 150,000 GPUs overall. Analysts see potential upside (about 93%) with a Moderate Buy consensus and a $79.78 target, though cash‑flow concerns from heavy AI infrastructure spending remain a caveat.

via TipRanks|
#ai#business#iren
Nvidia Rally Boosted by Iris Energy GPU Deals and a Big Investor Buy
market-news2 months ago

Nvidia Rally Boosted by Iris Energy GPU Deals and a Big Investor Buy

Nvidia stock rose after-hours as Iris Energy said it ordered more than 50,000 Nvidia GPUs, signaling strong AI-chip demand, while billionaire investor Leo KoGuan disclosed a 1 million-share NVDA purchase with plans for more. Iris Energy plans to expand to 150,000 GPUs and targets AI-cloud revenue above $3.7 billion by 2026, with Wall Street maintaining a Strong Buy on Nvidia and a price target around $271.89 (roughly 48% upside).

via TipRanks|
#ai-chips#iren#iris-energy
CoreWeave’s Mixed Q4 Triggers Selloff, Dragging Nebius and Iren Down
business2 months ago

CoreWeave’s Mixed Q4 Triggers Selloff, Dragging Nebius and Iren Down

CoreWeave (CRWV) posted a mixed Q4 with an 89-cent loss per share on revenue of $1.57B (up 110%), a $66.8B backlog, and guidance below expectations, while pursuing an $8.5B loan backed by a Meta deal. The stock slid over 21% and pulled Nebius (NBIS) and Iren (IREN) lower as profitability remains a sector-wide hurdle for neocloud players; Nebius widened losses to $173M, and Iren returned to a 52-cent-per-share loss. Analysts show Nebius as the only Strong Buy among the group, with Iren offering the biggest upside (over 80%) and CoreWeave about 21% upside but a low Smart Score (3/10). The piece underscores ongoing profitability challenges despite solid AI infrastructure demand.

via TipRanks|
#ai-infrastructure#business#coreweave
IREN's AI and Data Center Growth Sparks Investor Optimism
business4 months ago

IREN's AI and Data Center Growth Sparks Investor Optimism

The article discusses the evolving narrative around IREN, highlighting a slight increase in its fair value estimate and contrasting analyst views—some bullish on its AI cloud potential and others cautious due to execution and financing risks. Major firms have raised price targets based on AI cloud growth and data center expansion, while some remain skeptical about near-term project risks and sector challenges, reflecting a divided outlook on IREN's future.

via Yahoo Finance|
#ai-cloud#analyst-opinions#business
IREN Stock Rises Amid GPU Expansion and Bitcoin Rally: Is It a Buy?
business4 months ago

IREN Stock Rises Amid GPU Expansion and Bitcoin Rally: Is It a Buy?

Iren, a Bitcoin miner and data center provider, has seen its stock more than triple in 2025 due to its strategic position in AI cloud services, securing a $9.7 billion deal with Microsoft and 3 gigawatts of power for its data center pipeline, making it a promising long-term investment despite it not being among the top recommended stocks by Motley Fool.

via Yahoo Finance|
#ai-stocks#business#data-centers