Nvidia cloud services agreement
Company: IREN
The claim, verbatim
Signed a five-year cloud services agreement with Nvidia worth $3.4 billion to support ongoing expansion
Source (primary)
Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - The Motley Fool (-, news_article)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “Additionally, IREN signed a five-year cloud services agreement worth roughly $3.4 billion with Nvidia ( NVDA +0.22% ) to support its ongoing expansion.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The article states IREN signed a five-year cloud services agreement with Nvidia worth roughly $3.4 billion to support its ongoing expansion, matching every part of the claim.
Confirmed in the source:
- IREN signed a cloud services agreement with Nvidia
- The Nvidia agreement has a five-year term
- The Nvidia agreement is worth roughly $3.4 billion
- The agreement is described as supporting IREN's ongoing expansion
What we did: Read our cached copy of the publisher (https://www.fool.com/coverage/better-buy/2026/09/24/applied-digital-vs-iren-which-technology-stock-is-a-better-buy-in-2026/) in full (12,549 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - The Motley Fool
Quote: “Additionally, IREN signed a five-year cloud services agreement worth roughly $3.4 billion with Nvidia ( NVDA +0.22% ) to support its ongoing expansion.”
confirms Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - The Globe and Mail
Quote: “IREN signed a five-year cloud services agreement worth roughly $3.4 billion with Nvidia (NASDAQ:NVDA) to support its ongoing expansion.”