5-year $3.4B NVIDIA GPU supply agreement
Company: IREN
The claim, verbatim
IREN maintains a five-year, $3.4 billion agreement with NVIDIA to supply air-cooled Blackwell GPUs beginning in early 2027
Source (primary)
Blue Owl leads $2.4 billion Iren debt deal for Nvidia chip purchases - scanx.trade (-, news_article)
View cached copy (2026-09-18)Live source ↗
Quote: “The company also maintains a five-year, $3.4 billion agreement with NVIDIA to supply air-cooled Blackwell GPUs beginning in early 2027.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The source states every term of the agreement as claimed.
Confirmed in the source:
- IREN has an agreement with NVIDIA
- The agreement is for five years and $3.4 billion
- It covers air-cooled Blackwell GPUs
- Supply begins in early 2027
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/debt-markets/blue-owl-leads-2-4-billion-iren-debt-deal-nvidia-chip-purchases/49484774) in full (21,962 characters, retrieved September 18, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Blue Owl leads $2.4 billion Iren debt deal for Nvidia chip purchases - scanx.trade
Quote: “The company also maintains a five-year, $3.4 billion agreement with NVIDIA to supply air-cooled Blackwell GPUs beginning in early 2027.”