grid power scarcity

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Investing.comInvesting.com··Jeffrey Neal Johnson

IREN Pivots to AI Infrastructure: $5B in Hardware Deals Signal Crypto-to-AI Shift

IREN shifts from crypto mining to AI infrastructure with $5B in Dell and NVIDIA deals, leveraging Texas power capacity to project $4.4B annualized revenue.
DELLNVDAHIVEIRENAI infrastructureshort squeeze