IREN Limited: Don't Fret GPU Spending
Source: SeekingAlpha
2026-03-08 15:00:00 ET
The market has shifted to the point where an AI cloud company announcing additional capital spending is an automatic negative. IREN Limited ( IREN ) is the latest casualty, with the stock slumping after announcing future GPU purchases and related access to more capital. My investment thesis is ultra bullish on the stock, though IREN needs to hold the current lows just below $40....
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IREN Limited: Don't Fret GPU Spending
Iris Energy Limited
NASDAQ: IREN
IREN Trading
-2.48% G/L:
$37.42 Last:
18,630,677 Volume:
$36.46 Open:
IREN Latest News
IREN Stock Data
$14,264,796,842
316,995,485
10.56%
185
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