Why IREN Stock Popped Today
Source: Motley Fool
2026-05-27 23:13:42 ET
Shares of IREN Limited (NASDAQ: IREN) climbed on Wednesday after the artificial intelligence (AI) data center developer struck a deal with Dell Technologies (NYSE: DELL) .
Image source: Getty Images.
IREN agreed to purchase Blackwell systems from Dell featuring Nvidia 's high-performance graphics processing units ( GPUs ). The $1.6 billion purchase price includes Nvidia's GPUs, Dell's servers, and related storage, networking, and ancillary equipment.
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