Iris Energy (US:IREN) Yahoo Finance·2026-01-28 19:06Group 1 - IREN Ltd. experienced a significant share price increase of 14.57%, closing at $59.99, driven by positive developments in the artificial intelligence sector and anticipation of upcoming earnings results [1][4] - The company is set to announce its financial and operational highlights on February 5, targeting an annualized revenue of $3.4 billion and plans to expand its GPU capacity to 140,000 to support AI growth [2] - IREN Ltd. is benefiting from a broader trend in the AI industry, as evidenced by substantial fundraising activities, including Nvidia's $2 billion investment in CoreWeave and Anthropic's $15 billion funding round [3][4] Group 2 - The positive sentiment surrounding IREN Ltd. is reflective of expectations that the expansion plans of AI firms will increase demand for services from data center operators and high-performance computing companies [4]