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IREN Jumps 7% on $3.4 Billion NVIDIA AI Cloud Deal, $2.1 Billion Share Investment Option
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IREN Jumps 7% on $3.4 Billion NVIDIA AI Cloud Deal, $2.1 Billion Share Investment Option

Yahoo Finance · May 8, 2026, 2:42 PM · Also reported by 3 other sources

Key takeaways

  • IREN’s pivot from Bitcoin (BTC) mining to AI infrastructure reshapes the miner peer group, with capital rotating away from Hut 8 (HUT) as NVIDIA validates the strategy.
  • SmartAsset s free tool can match you with a financial advisor in minutes to help you answer that today.
  • Shares of IREN Limited (NASDAQ:IREN) are climbing Friday, extending a powerful run after the company unveiled a transformational partnership with NVIDIA (NASDAQ:NVDA).

IREN Jumps 7% on $3.4 Billion NVIDIA AI Cloud Deal, $2.1 Billion Share Investment Option David Moadel Fri, May 8, 2026 at 9:42 PM GMT+7 5 min read IREN NVDA BTC-USD GOOG HUT Quick Read IREN Limited (IREN) stock climbed on a $3.4B NVIDIA (NVDA) AI Cloud contract plus a $2.1B equity option.

IREN’s pivot from Bitcoin (BTC) mining to AI infrastructure reshapes the miner peer group, with capital rotating away from Hut 8 (HUT) as NVIDIA validates the strategy.

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