Brief: Nvidia And Iren Announce Strategic Partnership To Accelerate Deployment Of Up To 5 Gigawatts Of Ai Infrastructure

IREN

07/05/2026 23:24

May 7 (Reuters) - IREN Ltd IREN.O:

NVIDIA AND IREN ANNOUNCE STRATEGIC PARTNERSHIP TO ACCELERATE DEPLOYMENT OF UP TO 5 GIGAWATTS OF AI INFRASTRUCTURE

NVIDIA CORP - GRANTED FIVE-YEAR RIGHT TO BUY UP TO 30 MILLION IREN SHARES AT $70 PER SHARE

NVIDIA CORP - FUTURE DEPLOYMENTS TO FOCUS ON IREN'S 2 GW SWEETWATER CAMPUS IN TEXAS

NVIDIA CORP - TO PURCHASE UP TO 30 MILLION SHARES OF ORDINARY STOCK AT AN EXERCISE PRICE OF $70 PER SHARE, RESULTING IN A RIGHT TO INVEST UP TO $2.1 BILLION

Source text: ID:nGNX97DR6b

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