Nvidia air-cooled Blackwell GPU supply agreement
Company: IREN
The claim, verbatim
Five-year $3.4 billion agreement with Nvidia to supply air-cooled Blackwell GPUs beginning in early 2027
Source (primary)
IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “the company 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 24, 2026. The cited source supports every part of this claim.
The article states IREN maintains a five-year, $3.4 billion agreement with NVIDIA to supply air-cooled Blackwell GPUs beginning in early 2027.
Confirmed in the source:
- IREN has an agreement with Nvidia
- The agreement runs five years
- The agreement is valued at $3.4 billion
- The agreement covers supply of 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/technology/iren-leads-coreweave-ai-revenue-per-megawatt-metric/48621281) in full (23,758 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade
Quote: “the company maintains a five-year, $3.4 billion agreement with NVIDIA to supply air-cooled Blackwell GPUs beginning in early 2027”