# Nvidia will invest up to $2.1 billion in data center operator IREN.

*semiconductor · news · 2026-05-07 · MarketScreener*

## Key points

- Nvidia will invest up to $2.1 billion in data center operator IREN.
- Nvidia received a five-year right to purchase up to 30 million IREN shares at $70 each.
- Future deployments will concentrate on IREN's 2-gigawatt Sweetwater campus in Texas.
- IREN is classified as a 'neocloud,' selling cloud services built specifically on Nvidia's processors.

**Companies:** Nvidia, IREN
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/nvidia-to-invest-up-to-2-1-billion-in-iren-as-part-of-ai-data-center-deal-ce7f5bdadd8ff520)

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