IREN Expands AI Cloud Capacity to 150,000 GPUs

IREN deepens AI push with 50,000 Nvidia GPU order; shares fall on at-the-market offering

The company ordered more than 50,000 Nvidia GPUs and filed for a potential $6 billion at-the-market share sale, sending the stock lower in pre-market trading.

Why Is IREN Stock Falling Thursday? - IREN (NASDAQ:IREN)

IREN orders 50,000 Nvidia GPUs, expanding AI cloud capacity to 150,000 GPUs. Jim Chanos questions equity filing, citing lack of disclosure. Importance Rank:  1

IREN Expands AI Cloud Capacity to 150,000 GPUs

NEW YORK, March 04, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has entered into purchase agreements for over 50,000 NVIDIA B300 GPUs that will expand its total fleet to 150,000 GPUs.

IREN stock sinks after $6B share-sale filing and big Nvidia B300 GPU order

IREN shares fell about 11% Thursday after the company announced plans to sell up to $6 billion in stock through an expanded at-the-market program and signed agreements to buy over 50,000 Nvidia B300 GPUs. The new GPU orders will bring IREN’s planned fleet to 150,000 units. The company added Citizens JMP, Goldman Sachs, and Jefferies as sales agents. The post IREN stock sinks after $6B share-sale filing and big Nvidia B300 GPU order appeared firs…

Nvidia Stock Forecast: Billionaire Buys Big, Dismisses AI Bubble Fears

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IREN Orders 50K Nvidia GPUs, Stock Slips on Offering

IREN (IREN), a data center operator focused on AI cloud infrastructure, said it agreed to buy more than 50,000 specialized processing chips from Nvidia (NVDA), expanding its capacity by about 50%. The B300 GPUs, or graphic processing units, will take the Sydney-based company’s total AI compute fleet to about 150,000 GPUs. A GPU is a specialized chip for performing large numbers of parallel computations, enabling the training and operation of art…