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IREN Stock Jumped 20%. Can a $20.3 Billion Backlog Keep It Climbing?

NASDAQ

IREN (NASDAQ:IREN) is transforming its infrastructure into a fast-growing AI cloud business. Its $20.3 billion contract backlog and improving GPU economics support an ambitious growth outlook. But a delayed $4 billion annualized revenue target and $6 billion still to finance coul

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