BRIEF-Nvidia And Iren Announce Strategic Partnership To Accelerate Deployment Of Up To 5 Gigawatts Of Ai Infrastructure

IREN Limited
NVIDIA Corporation

IREN Limited

IREN

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NVIDIA Corporation

NVDA

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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

Further company coverage: IREN.O


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