IREN Stock Soars 25%. It's All About These AI Deals With Microsoft and Dell.

Core Insights - The five-year agreement will enhance Microsoft's access to Nvidia chips, indicating a strategic partnership aimed at bolstering Microsoft's technological capabilities in AI and cloud computing [1] Group 1 - The agreement spans five years, suggesting a long-term commitment between Microsoft and Nvidia [1] - Increased access to Nvidia chips is expected to support Microsoft's growth in AI and cloud services [1]