IREN LIMITED CEDEAR EACH 44 REP is trading flat at $4.50 (+0.00%) today. The stability comes as investors assess a major new development for the underlying company, Iren (IREN).
- A report published today revealed Iren has signed a five-year agreement with Nvidia valued at $3.4 billion.
- The deal covers 60 megawatts of AI computing capacity at Iren's data center facility in Childress, Texas.
- This news provides a significant, long-term revenue stream and solidifies the company's position as a key player in the growing AI infrastructure sector.