IREN CEO Warns of Power Grid Bottlenecks Slowing AI Infrastructure Expansion
Daniel Roberts, CEO of IREN (NASDAQ:IREN), highlighted that the rapid growth in artificial intelligence infrastructure is now being hindered by electrical grid capacity and utility interconnection delays rather than chip availability. This bottleneck could significantly impact companies like Nvidia (NVDA) and Micron Technology (MU).
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Topics: AI infrastructure data centers electric grid capacity utility interconnection