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IREN shares popped 13% in extended-trading on Thursday.
Nvidia and IREN will deploy up to 5 gigawatts of DSX-branded AI infrastructure globally.
KEY POINTS
- IREN will grant Nvidia a five-year right to buy up to 30 million shares at $70 each.
- Nvidia can invest up to $2.1 billion in IREN through this partnership agreement.
- The partnership marks a major push to integrate Nvidia's AI infrastructure in IREN's data centers.
COMPANIES
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