IREN Shares Jump as Company Secures Large Nvidia and Dell AI Deals
IREN shares climbed 6.8% in morning trading as the market reacted to a series of major commercial agreements that underpin the company’s pivot from Bitcoin mining to large-scale AI cloud services. The rally was driven by a $3.4 billion AI cloud services contract with Nvidia and a $1.6 billion purchase order from Dell for air-cooled Blackwell GPU sy…