IREN Stock Update: Data Company Shares Surge After Inking Massive Microsoft Deal
PositiveArtificial Intelligence
IREN Ltd. shares soared after the company secured a significant five-year contract worth $9.7 billion with Microsoft. This deal, aimed at providing advanced AI cloud infrastructure using NVIDIA's GB300 GPUs, marks a pivotal moment for IREN, showcasing its growing influence in the tech sector and promising substantial growth opportunities.
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