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  3. IREN’s AI-cloud expansion driving long-term upside but near-term strain on balance sheet: JPMorgan
7 months ago 7 months ago

IREN’s AI-cloud expansion driving long-term upside but near-term strain on balance sheet: JPMorgan


Kyle Baird
by Kyle Baird 7 months ago7 months ago
IREN’s AI-cloud expansion driving long-term upside but near-term strain on balance sheet: JPMorgan


The analysts said IREN will spend more than $9 billion to expand GPU and AI data-center capacity, even after Microsoft’s prepayment.



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