Why IREN Stock Jumped Today
Shares of IREN (NASDAQ: IREN) popped on Friday after the provider of artificial intelligence (AI)-focused cloud computing services formed a strategic partnership with semiconductor colossus Nvidia (NASDAQ: NVDA).
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Nvidia and IREN will work together to deploy up to 5 gigawatts of next-generation AI infrastructure. These massive AI factories will be built on Nvidia's DSX architecture and feature its cutting-edge chips. They're intended to support the needs of enterprise AI customers.
Source Fool.com
