{"id":31575,"date":"2026-05-07T22:05:23","date_gmt":"2026-05-07T22:05:23","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/31575\/"},"modified":"2026-05-07T22:05:23","modified_gmt":"2026-05-07T22:05:23","slug":"iren-shares-pop-13-on-ai-infrastructure-deal-with-nvidia","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/31575\/","title":{"rendered":"IREN shares pop 13% on AI infrastructure deal with Nvidia"},"content":{"rendered":"

Thomas Fuller | SOPA Images | Lightrocket | Getty Images<\/p>\n

IREN<\/a> shares popped 13% in extended-trading on Thursday after the data center operator announced a partnership with semiconductor giant Nvidia<\/a>.<\/p>\n

Nvidia and IREN will deploy up to 5 gigawatts of the chip maker’s DSX-branded infrastructure designs intended to power artificial intelligence workloads throughout the Australian firm’s data center facilities across the world.<\/p>\n

IREN will issue Nvidia a five-year right to purchase up to 30 million shares of its ordinary stock at an exercise price of $70 per share, the company said in an announcement. Nvidia will have a right to invest $2.1 billion into the company via the deal.<\/p>\n

“AI factories are becoming foundational infrastructure for the global economy,” Nvidia CEO\u00a0Jensen Huang said in a statement. “Deploying these systems at scale requires deep integration across the full stack \u2014 compute, networking, software, power and operations.”<\/p>\n

Nvidia has bolstered its stack by making similar deals<\/a> involving multibillion-dollar purchase agreements with companies<\/a> like Coherent<\/a>, Lumentum<\/a> and earlier this week, Corning<\/a>.<\/p>\n

Stock Chart IconStock chart icon\"hide<\/p>\n

IREN one-day stock chart.<\/p>\n

\"Bernstein'sChoose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Thomas Fuller | SOPA Images | Lightrocket | Getty Images IREN shares popped 13% in extended-trading on Thursday…\n","protected":false},"author":2,"featured_media":31576,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,25,133,148,19310,13562,130,20303,1892,1110,144,1109,134],"class_list":{"0":"post-31575","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ai","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-breaking-news-technology","11":"tag-business-news","12":"tag-coherent-corp","13":"tag-corning-inc","14":"tag-internet","15":"tag-iren-ltd","16":"tag-lumentum-holdings-inc","17":"tag-mobile","18":"tag-nvidia-corp","19":"tag-social-media","20":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/31575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=31575"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/31575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/31576"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=31575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=31575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=31575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}