NVIDIA ($NVDA) and IREN Limited ($IREN) announced a strategic partnership to deploy next-generation AI infrastructure, including plans for up to 5 gigawatts of NVIDIA DSX-aligned capacity across IREN’s data center pipeline. As part of the agreement, Nvidia received rights to purchase up to 30 million IREN shares at $70 per share, representing a potential $2.1 billion investment. IREN shares surged more than 20% following the announcement.
- Rep. Cleo Fields disclosed multiple IREN purchases dating back to July 2025, including one trade currently up more than 230%.
- Rep. Dale Strong disclosed an additional IREN purchase on Jan. 28, 2026.
- IREN ($IREN) and Nvidia plan to focus future deployments around IREN’s 2-gigawatt Sweetwater, Texas campus.
- Nvidia received a five-year right to purchase up to 30 million IREN shares at a $70 exercise price.
- The companies said the partnership is intended to accelerate deployment of large-scale AI factories globally.
Relevant Companies
- IREN ($IREN) – Expanding AI infrastructure capacity through its partnership with Nvidia.
- NVIDIA ($NVDA) – Continuing to expand its AI ecosystem through strategic infrastructure investments.
- Marvell Technology ($MRVL) – Supplies networking and AI infrastructure technologies tied to hyperscale data center growth.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
