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Why IREN Stock Popped Today


Shares of IREN Limited (NASDAQ: IREN) climbed on Wednesday after the artificial intelligence (AI) data center developer struck a deal with Dell Technologies (NYSE: DELL).

Image source: Getty Images.

IREN agreed to purchase Blackwell systems from Dell featuring Nvidia's high-performance graphics processing units (GPUs). The $1.6 billion purchase price includes Nvidia's GPUs, Dell's servers, and related storage, networking, and ancillary equipment.

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Source Fool.com

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