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Dell systems purchase at Childress, Texas

Company: IREN - Project: Childress

Subject kind
partnership
Statement date
2026-09-23
Promised amount
1.6 billion USD
Current status
stated

The claim, verbatim

$1.6 billion Dell systems purchase for Childress deployment

Source (primary)

Rothschild Redburn starts IREN at Neutral with $40 target, forecasts $13.3 billion revenue by fiscal 2029 - Yahoo Finance (-, news_article)
View cached copy (2026-09-24)Live source ↗

Quote: “The deployment includes a $1.6 billion Dell systems purchase supporting a five-year, $3.4 billion managed-services contract at Childress, Texas”

How we checked this

Checked on September 27, 2026. The cited source supports every part of this claim.

The article states the deployment includes a $1.6 billion Dell systems purchase supporting a contract at Childress, Texas.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/rothschild-redburn-starts-iren-neutral-133602466.html) in full (9,351 characters, retrieved September 24, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Rothschild Redburn starts IREN at Neutral with $40 target, forecasts $13.3 billion revenue by fiscal 2029 - Yahoo Finance

Quote: “The deployment includes a $1.6 billion Dell systems purchase supporting a five-year, $3.4 billion managed-services contract at Childress, Texas”

View cached copy (2026-09-24)Live source ↗