Microsoft $9.7B five-year contract for Childress servers
Company: IREN
The claim, verbatim
Microsoft agreed to spend $9.7 billion over five years renting Nvidia-powered servers at IREN's Childress, Texas data center.
Source (primary)
IREN Stock Drops After Report Says It’s Behind Microsoft’s AI Spending Delay, As Investors Turn To Earnings - Yahoo Finance (-, news_article)
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Quote: “Microsoft had agreed to spend $9.7 billion over five years renting Nvidia-powered servers at Iren's Childress, Texas, data center.”
How we checked this
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Additional evidence
confirms IREN Stock Drops After Report Says It’s Behind Microsoft’s AI Spending Delay, As Investors Turn To Earnings - Yahoo Finance
Quote: “Microsoft had agreed to spend $9.7 billion over five years renting Nvidia-powered servers at Iren's Childress, Texas, data center.”