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Why Iren Limited Stock Soared Today

Key Points An AI infrastructure peer just announced a deal worth more than the company's entire market cap. Iren shares have more than tripled so far in 2025. Iren has been rapidly procuring Nvidia GPUs. 10 stocks we like better than Iren › Iren Limited (NASDAQ: IREN) stock has been quietly making shareholders richer this year. Today's jump came after a big deal was announced in the artificial intelligence (AI) cloud infrastructure space. Today, Iren shares spiked higher by 15.8% as of 3:08 p.m. ...