Iren Limited (NASDAQ: IREN) is racing to scale its AI Cloud capacity, and the Microsoft contract could be the catalyst that turns this former Bitcoin miner into a real contender in AI infrastructure. I break down the GPU ramp, the funding moves, and what must go right for the upside case to play out, as well as the risks that could surprise investors.
Stock prices used were the market prices of Jan. 1, 2026. The video was published on Jan. 5, 2026.
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Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.