Neocloud contract pricing at $15-$20 per watt
Company: IREN
The claim, verbatim
Neocloud contracts have risen to $15 to $20 per watt and higher
Source (primary)
IREN Slides 4% as JPMorgan Doubles Down With Rare Upgrade to Overweight - finance.biggo.com (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “Neocloud contracts, he said, are rising from a range of $10 to $15 per watt to $15 to $20 per watt and higher.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The article reports JPMorgan analyst Richard Choe saying neocloud contracts are rising from $10-$15 per watt to $15-$20 per watt and higher.
Confirmed in the source:
- Neocloud contract pricing is rising to $15 to $20 per watt and higher, up from $10 to $15 per watt
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/be1701aa-9d98-4533-a380-8729911c4c39) in full (5,917 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Slides 4% as JPMorgan Doubles Down With Rare Upgrade to Overweight - finance.biggo.com
Quote: “Neocloud contracts, he said, are rising from a range of $10 to $15 per watt to $15 to $20 per watt and higher.”