IREN (IREN) shares soared as much as 20% on Monday morning after Microsoft (MSFT) signed a $9.7 billion agreement with the Australian artificial intelligence (AI) infrastructure company. The five-year deal brings MSFT access to Nvidia’s (NVDA) advanced chips, boosting the giant’s AI compute capacity. More News from Barchart According to IREN’s press release, the infrastructure will be hosted at its Childress, Texas campus with phased deployment through 2026. IREN stock has pared back half of its intrad ...