Nvidia gives Iren money to buy Nvidia computers

HardMoney

The big pivot will it pay off in the long run?

BlokchainB

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.

IREN shares climbed to around 27% as the news broke, then retreated and settled up about 6%.

Although IREN previously specialized in data centers that were tailored for bitcoin mining, it’s been increasingly providing AI-related infrastructure services as part of the AI boom.

Stacker_Stocks

https://www.cnbc.com/2026/05/07/iren-stock-ai-infrastructure-nvidia.html

>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.

>IREN shares climbed to around 27% as the news broke, then retreated and settled up about 6%.

>Although IREN previously specialized in data centers that were tailored for bitcoin mining, it’s been increasingly providing AI-related infrastructure services as part of the AI boom.