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IREN Stock Hits A New All-Time High: What's Going On? - IREN (NASDAQ:IREN)

Iren’s GPU fleet doubled last month, supporting its AI neocloud pivot amid surging AI hardware demand driven by OpenAI’s multiyear AMD GPU purchase agreement.

Summary by Benzinga
Shares of IREN Ltd (NASDAQ:IREN) surged to an all-time high of $58.28 on Monday, continuing a marked run that has seen the stock climb over 400% year-to-date. Here’s what investors need to know.

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Benzinga broke the news in New York, United States on Monday, October 6, 2025.
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