$9.7B multiyear Microsoft GPU contract
Company: IREN
The claim, verbatim
IREN's multiyear contract calls for Microsoft to spend $9.7 billion leasing GPU servers at Childress.
Source (primary)
IREN Sinks 9% After Report Links It to Microsoft’s AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7% - Yahoo Finance (-, news_article)
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Quote: “IREN's multiyear contract calls for Microsoft to spend $9.7 billion leasing GPU servers at Childress”
How we checked this
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Additional evidence
confirms IREN Sinks 9% After Report Links It to Microsoft’s AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7% - Yahoo Finance
Quote: “IREN's multiyear contract calls for Microsoft to spend $9.7 billion leasing GPU servers at Childress”