Iris Energy (US:IREN) Yahoo Financeยท2025-09-16 12:18Group 1 - IREN Ltd. (NASDAQ:IREN) experienced a significant stock price increase of 9.36%, reaching an all-time high of $37.23 during trading, driven by bullish analyst coverage [1][2] - The investment firm Compass Point issued a "buy" recommendation for IREN Ltd., indicating strong market optimism for the company's future performance [2] - IREN Ltd. is capitalizing on the growing demand for artificial intelligence (AI) and high-performance computing (HPC) services, positioning itself favorably within the industry [2] Group 2 - The company expanded its Nvidia GPU capacity to 10,900 units to enhance its AI Cloud business, reflecting its strategic shift towards AI services [3] - In August, IREN Ltd. generated $2.4 million in revenue from its AI Cloud segment, marking a 4.3% increase from the previous month's revenue of $2.3 million [3]