The deal makes Microsoft IREN’s largest customer, with $1.94 billion in annualized revenue expected over the next five years.

IREN has joined the ranks of large-scale "neocloud" providers, said analyst Brett Knoblach, adding credibility to the company ...

Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN ...

The deal will give Microsoft access to compute infrastructure built with Nvidia's GB300 GPUs, which will be deployed over ...

Analyst Vafi maintains Buy rating on IREN and raises price target to $70 due to 20% prepayment from Microsoft GPU cloud ...

Sweetwater 1 remains a key near-term catalyst as IREN’s AI infrastructure buildout accelerates, the report said.

Canaccord raises price target to $70 after $9.7B Microsoft GPU contract. Revenue jumps 355% as bitcoin miner pivots to AI ...

Bitcoin mining operation IREN (NASDAQ:IREN) has pivoted hard into artificial intelligence (AI) cloud services, and its latest ...

Bottom line: This is the kind of contract that moves IREN from “story” to “underwritten capacity.” On our framework, the ...

Microsoft has struck a $9.7 billion deal with data-center operator IREN that includes access to Nvidia's advanced chips, ...

IREN Limited stock surged after a $9.7B, 5-year Microsoft deal. Click for why analysts are bullish and how AI demand could boost IREN stock further.

That decision changed everything. Shares of IREN, which was originally named Iris Energy, have risen more than 500% this year ...