IREN Announces Strategic Partnership with Nvidia to Deploy AI Infrastructure
IREN Limited (NASDAQ: IREN) shares surged over 20% following the announcement of a strategic partnership with Nvidia (NASDAQ: NVDA) to deploy up to 5 gigawatts of AI infrastructure. The deal includes a potential $2.1 billion investment from Nvidia, subject to regulatory approval, and marks a significant shift for IREN from its Bitcoin mining roots to AI-focused operations.
Topics: AI infrastructure Nvidia partnership rebranding stock_move