Recently, Microsoft signed a deal with Nscale to provide about 200,000 Nvidia AI processors in Europe and also committed $17.4 billion over five years for a similar GPU infrastructure deal from Dutch company Nebius for a new data infrastructure capacity in Vineland, N.J.

IREN Limited's $9.7B Microsoft deal and Sweetwater hub expansion could boost AI cloud growth and GPU capacity. Click for my IREN earnings preview.

Jim Chanos warns IREN is taking "all the risk" in Microsoft AI deal, claiming it will "decrease EPS" with returns below its cost of capital.

The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.

IREN secured a $9.7 billion, five-year AI Cloud contract with Microsoft covering 200MW and 20% upfront payment. Read why IREN stock is a Buy.

Artificial intelligence cloud startup Lambda said on Monday it has entered into a multi-billion-dollar agreement with Microsoft to deploy tens of thousands of AI chip leader Nvidia's graphics processors.