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Aussie-founded Iren’s shares surged almost 25 per cent after it announced a huge deal with Nvidia, but fell back just as quickly as investors figured things out.
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IREN shares soared after the data center operator announced a partnership with semiconductor giant Nvidia.

Shares of Australian AI cloud firm IREN Limited (IREN) have jumped by almost 60% year-to-date (YTD), riding on the back of its…

The Australian-founded AI data centre operator sold bonds and secured loans to borrow $5 billion to buy Nvidia chips to provide…

Australian AI cloud company Iren Limited’s (IREN) shares climbed by over 13% on Wednesday, extending its previous-day gain. This…

IREN Limited signed a $1.6B deal with Dell for air-cooled AI cloud systems, adding to billions in hardware commitments as the…

The AI infrastructure firm secured a grid connection for a planned South Australian campus, with energization targeted for 2028.