Nvidia cloud services contract
Company: IREN
The claim, verbatim
IREN signed a five-year, $3.4 billion cloud services agreement with Nvidia
Source (primary)
IREN (NASDAQ: IREN) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger Technology Buy For Patient Investors - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-26)Live source ↗
Quote: “The company also signed a separate five-year cloud services agreement worth roughly $3.4 billion with Nvidia (NASDAQ: NVDA)”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The article reports a separate five-year cloud services agreement between IREN and Nvidia worth roughly $3.4 billion.
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
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/26/iren-nasdaq-iren-edges-out-applied-digital-nasdaq-apld-as-the-stronger-technology-buy-for-patient-investors/) in full (3,390 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN (NASDAQ: IREN) Edges Out Applied Digital (NASDAQ: APLD) As The Stronger Technology Buy For Patient Investors - foreignpolicyjournal.com
Quote: “The company also signed a separate five-year cloud services agreement worth roughly $3.4 billion with Nvidia (NASDAQ: NVDA)”