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Stock impact report

Up 716% Over the Past Year, How Much Higher Can IREN Stock Go? [Yahoo! Finance]

IREN Limited - Ordinary Shares (IREN) 
Company Research Source: Yahoo! Finance
Once known primarily as a Bitcoin miner, the company made a bold pivot into AI infrastructure, and the market loved it. Backed by its existing crypto mining setup, IREN was able to quickly transition into building high-powered, server-filled data centers, fueling a massive triple-digit rally in its stock. The real game-changer came last year when Microsoft (MSFT) signed a jaw-dropping $9.7 billion multi-year AI cloud deal with the company. That agreement, which includes deploying 76,000 Nvidia (NVDA) GB300 GPU units at its Texas campus, firmly put IREN on the AI map. And the company isn't slowing down. Just last month, it added another 50,000 Nvidia B300 GPU units to its pipeline, taking its total planned capacity to more than 150,000 GPUs, an aggressive move that signals serious ambition. More News from Barchart Analysts Hike Their Micron Estimates, Pushing MU Stock Price Targets Higher Dear CoreWeave Stock Fans, Mark Your Calendars for April 14 Stocks Recover as Oracle Lea Show less Read more
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