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IREN (IREN) Doubles GPU Fleet to 23,000, Raises Revenue Target
Yahoo Finance· 2025-10-01 03:01
IREN Limited (NASDAQ:IREN) is one of the best performing ASX stocks in 2025. On September 22, the company said it had doubled its GPU fleet to 23,000 units after acquiring 12,400 more GPUs for about $674 million. The expanded fleet now includes a mix of NVIDIA H100s & H200s (1,900), NVIDIA B200s & B300s (19,100), NVIDIA GB300s (1,200), and AMD MI350Xs (1,100). IREN (IREN) Doubles GPU Fleet to 23,000, Raises Revenue Target IREN raised its annualized run-rate revenue (ARR) target for its AI Cloud segment t ...