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What stands out is the combination of NVIDIA’s AI hardware leadership and IREN’s ability to secure land and power resources, which are becoming critical bottlenecks in the AI race. The acquisition of Spain-based Ingenostrum also strengthens IREN’s European expansion and future growth pipeline.
$Microsoft(MSFT)$ earlier $9.7 billion AI compute agreement already validated IREN’s direction, while NVIDIA’s deeper involvement adds even more credibility. With shares surging in after-hours trading, IREN is becoming an AI infrastructure name worth watching closely in 2026.
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