480 MW AI Cloud capacity planned for 2026
Company: IREN
The claim, verbatim
IREN plans to deliver 480 MW of gross AI Cloud capacity during 2026
Source (primary)
Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “deliver 480 MW of gross AI Cloud capacity during 2026”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article states this plan directly.
Confirmed in the source:
- IREN plans to deliver 480 MW of gross AI Cloud capacity during 2026
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/northland-starts-iren-outperform-99-135457164.html) in full (9,648 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance
Quote: “deliver 480 MW of gross AI Cloud capacity during 2026”