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May 10, 2026 11:15 AM UTC

IREN Surges After $3.4B NVIDIA AI Cloud Deal

The post IREN Surges After $3.4B NVIDIA AI Cloud Deal appeared first on Coinpedia Fintech News IREN announced a massive $3.4 billion AI cloud infrastructure agreement with NVIDIA, including an option for NVIDIA to invest up to $2.1 billion in equity. The partnership triggered explosive trading activity, with IREN’s NASDAQ trading volume surpassing AUD $10 billion in a single session. Bernstein also initiated coverage on the company with a $100 price …

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