AI
NVIDIA Boosts IREN Valuation Following $3.4B AI Infrastructure Contract
Iris Energy (IREN) has secured a $3.4 billion AI cloud computing services contract with NVIDIA. This agreement has led Bernstein analysts to set a $100 price target for IREN, projecting a 76% upside potential and highlighting the surging demand for high-performance computing infrastructure in AI development.
Carlos "Emérito" López Lovera
