Why Iren Stock Surged Today
Shares of Iren (NASDAQ: IREN) jumped more than 11% on Monday after the rapidly expanding artificial intelligence (AI) infrastructure provider announced a $9.7 billion cloud contract with .
Image source: Getty Images.
Iren will supply Microsoft with access to Nvidia's cutting-edge GB300 graphic processing units (GPUs) as part of a five-year cloud computing agreement. Iren intends to purchase the highly sought-after AI accelerators and related equipment from Dell Technologies for roughly $5.8 billion.
Source Fool.com
Iren SpA Stock
€2.73
0.290%
Our community is currently high on Iren SpA with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 4 € shows a positive potential of 46.63% compared to the current price of 2.73 € for Iren SpA.
