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Stock impact report

Iren's AI Cloud Pivot Is Exploding -- Could This 500% Winner Help Turn $100,000 Into $1 Million by 2036? [Yahoo! Finance]

IREN Limited - Ordinary Shares (IREN) 
Company Research Source: Yahoo! Finance
seeing outsize demand . Among those AI companies are the "neoclouds," which provide AI data centers to AI companies and cloud infrastructure players alike. Among the neoclouds, Iren Limited (NASDAQ: IREN) stands out for its vertical integration . That means it owns the land and the data centers it's building and will run those data centers if the client wishes. Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » Iren was among the first to lock up power-connected land, years before the AI boom, when it was a Bitcoin miner. But after Iren converted its assets to AI computing, the stock skyrocketed, up a whopping 775% over the past year. However, Iren is also about 36.5% below all-time highs. Meanwhile, there's a plausible case for even greater gains -- possibly a 10x return -- if the company fills its capacity. Ho Show less Read more
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