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Bernstein Sets IREN Target Price at $100, Company Signs $3.4 Billion AI Cloud Computing Agreement with Nvidia

2026-05-09 10:20

Odaily reported that Bernstein has set a target price of $100 for IREN, following the company's signing of a $3.4 billion AI cloud computing agreement with Nvidia, along with granting Nvidia an option for a $2.1 billion equity investment. (Cointelegraph)