IREN Just Lit a Fuse Under Its Revenue Rocket
IREN (IREN) announced yesterday that it has entered into purchase agreements for over 50,000 Nvidia (NVDA) B300 GPUs. This massive order will expand its total fleet to 150,000…
Written byRich DupreySource: Money Morning – We Make Investing Profitable
IREN (IREN) announced yesterday that it has entered into purchase agreements for over 50,000 Nvidia (NVDA) B300 GPUs. This massive order will expand its total fleet to 150,000 GPUs and drive an AI Cloud annualized run-rate revenue of $3.7 billion by the end of 2026. The company plans to deploy the additional high-efficiency GPUs in […]
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