Movement Alert｜IREN Ltd Rises 5.32% in Regular Trading, Delivers Horizon 1 Data Center to Microsoft and Achieves NVIDIA Exemplar Cloud Status

Market Focus

Aug 13

On August 13, IREN Ltd rose 5.32% in regular trading, trading at $46.455/share, with turnover of $3.67 billion. The rally was driven by the company's announcement that it has completed and delivered Horizon 1 — a 50-megawatt AI computing facility — to Microsoft.

The delivery is part of a five-year, $9.7 billion cloud services contract with Microsoft announced in November 2025. Horizon 1 is a direct-to-chip liquid-cooled data center designed to support high-performance AI computing, equipped for NVIDIA's GB300 NVL72 platform. Simultaneously, IREN achieved NVIDIA Exemplar Cloud status following NVIDIA's testing of its GB300 NVL72 deployment, marking a significant endorsement from the leading chip manufacturer of IREN's AI cloud delivery capabilities.

The milestone comes amid broader tailwinds for the neocloud sector, including Anthropic's $9.1 billion long-term compute deal with Riot Platforms and NVIDIA's $500 billion AI infrastructure financing platform with six major financial institutions. IREN itself holds $2.8 billion in AI compute contracts and targets expanding AI cloud capacity to 480MW by year-end and 1.2GW by 2027.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Simultaneously, IREN achieved NVIDIA Exemplar Cloud status following NVIDIA's testing of its GB300 NVL72 deployment, marking a significant endorsement from the leading chip manufacturer of IREN's AI cloud delivery capabilities.The milestone comes amid broader tailwinds for the neocloud sector, including Anthropic's $9.1 billion long-term compute deal with Riot Platforms and NVIDIA's $500 billion AI infrastructure financing platform with six major financial institutions. IREN itself holds $2.8 billion in AI compute contracts and targets expanding AI cloud capacity to 480MW by year-end and 1.2GW by 2027.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. 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