Iren – Charm – Daily News

Microsoft signs $9.7 billion contract with IREN for Nvidia chips

(Reuters) –Microsoft (MSFT) has struck a $9.7 billion deal with data-center operator IREN that includes access to Nvidia‘s (NVDA) advanced chips, aiming to ease the computing crunch that has kept the tech giant ‌from fully cashing in on the artificial intelligence boom. The news sent shares of IREN (IREN) up more than 20%‌ in trading…

Finance

Assessing Iren (BIT:IRE)’s Valuation After Recent Share Price Movements

Cs news5 months ago5 months ago08 mins

Iren (BIT:IRE) has caught the attention of investors after its recent price movements, even though there was no standout event driving the action. Sometimes, these quieter moments prompt the most interesting questions, especially for those weighing their next steps. Without a headline-grabbing announcement, the focus naturally returns to whether the current valuation reflects the company’s…