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What's Going With IREN Stock On Tuesday - IREN (NASDAQ:IREN)
Benzinga·2025-10-07 23:56

IREN Limited (NASDAQ:IREN) shares advanced on Tuesday after the data center operator announced a new batch of multi-year agreements with major artificial intelligence companies that are deploying NVIDIA Corporation’s (NASDAQ:NVDA) Blackwell GPUs.The stock gave up its premarket gains and is trading lower at the time of publication.IREN said its expanding AI Cloud division remains on track to surpass $500 million in annualized recurring revenue from a combined fleet of 23,000 GPUs that are either active or sc ...