IREN Ltd (IREN) Soars 11.4% as Chip Giant Ups Bet on AI Demand

We recently published 10 Firms Making Effortless 10-40% Gains. IREN Ltd. (NASDAQ:IREN) was one of Friday's top performers. IREN ended two days of losses on Friday, climbing 11.43 percent to close at $57.82 apiece as investors took path from this year’s higher spending from one of the world’s largest semiconductor manufacturers amid the strong demand from the rapidly growing AI sector. On Friday, Taiwan Semiconductor Manufacturing Company (TSMC) announced that it was setting aside a 33 to 37 percent highe ...