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NVIDIA (NVDA) Partnership Validates IREN's AI Infrastructure Play

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The Story

News Summary

  • IREN pivoted from Bitcoin mining to AI infrastructure, securing a $5.5 billion partnership with NVIDIA.
  • The company leverages owned power capacity and data centers to serve hyperscalers with GPU clusters, positioning itself as critical AI infrastructure.
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NVDA price history

210.96 +18.92% over the displayed period

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