What IREN (IREN)'s Landmark Microsoft AI Cloud Deal Means For Shareholders

Microsoft recently announced a multi-year US$9.7 billion agreement with IREN Limited to access Nvidia GB300 GPUs through phased deployments at IREN's Texas data center campus, supported by a related US$5.8 billion procurement agreement for GPUs and equipment with Dell Technologies. This development highlights IREN's successful shift from cryptocurrency mining to AI cloud infrastructure, positioning the company as a significant partner for global technology leaders seeking advanced,...