IREN Ltd (NASDAQ:IREN) stock has surged more than 50% since late September when the company announced a game-changing purchase of GPUs that catapulted it into the spotlight of the AI cloud computing boom.IREN stock slipped on Friday. See the details here. Massive GPU Purchase On Sept. 22, IREN announced its transformative acquisition of 12,400 GPUs — including NVIDIA Corp. (NASDAQ:NVDA) cutting-edge Blackwell and Hopper chips — as part of a $674 million deal. Read Next: Datavault AI Stock’s Face-Melting 720 ...