Recently, JPMorgan analyst Richard Choe issued a rare double-upgrade on IREN after the company signed a roughly US$5.50 billion, five-year partnership with Nvidia tied to its fast-growing AI cloud services platform. This shift, alongside IREN's decision to wind down Bitcoin mining and expand vertically integrated AI infrastructure, marks a material redefinition of its core business model. Next, we'll examine how the Nvidia partnership and AI cloud transition reshape IREN's investment narrative and future growth assumptions. AI is about to change healthcare. These 39 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.
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