IRE ETF (IRE), a 2x leveraged ETF tracking IREN Limited, is trading 12.6% up today as investors extend enthusiasm for AI data center and high-performance computing (HPC) infrastructure tied to IRENβs business model.
- The move follows sharp gains recorded around May 20β21, 2026, as the market continues to reward companies linked to AI and high-performance computing infrastructure.
- The rally is supported by a broadly positive risk environment, with major U.S. indices trading higher and strong sentiment for tech and growth sectors.