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
€2.51
0.400%
Currently there is a rather positive sentiment for Iren SpA with 4 Buy predictions and 0 Sell predictions.
With a target price of 3 € there is a slightly positive potential of 19.43% for Iren SpA compared to the current price of 2.51 €.
