Iren's Sweetwater Announcement Hints at a Larger Gigawatt Pipeline Than the Public Number
Iren may have multiple gigawatts in its control that investors do not know about.
Overview
Iren's (NASDAQ: IREN) announcement about its Sweetwater site brought good news and came at the perfect time for neocloud investors. It aligned with Nebius (NASDAQ: NBIS) being selected as Palantir's (NASDAQ: PLTR) preferred sovereign AI partner.
Neoclouds, which operate cloud computing centers, have been enjoying a nice rally due to this string of bullish news, but Iren's Sweetwater announcement contains valuable insights that point to long-term growth.
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Details
Source
Originally published at www.fool.com.
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