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The stock of IREN Limited (NASDAQ: IREN), formerly known as Iris Energy, has experienced a breathtaking rally in recent months, bringing it into the spotlight for investors. The company has transformed from a Bitcoin miner into a dual-track infrastructure provider that is now heavily investing in the AI boom. IREN is making significant investments in expanding its High-Performance Computing (HPC) and AI cloud platform. By buying thousands of high-performance GPUs from industry leaders like NVIDIA and AMD, and expanding its data centers, the company...
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