Texas data centre network upgrade delays capacity deployment
Company: IREN
The claim, verbatim
A customer-requested network infrastructure upgrade at IREN's Texas data centre, tied to Microsoft's requirements for its latest AI models, has affected the timing of planned capacity deployment.
Source (primary)
IREN Shares Surge 18% After Strong AI Cloud Revenue Growth and Better-Than-Expected Quarterly Results - Yahoo Finance (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “The adjustment follows a customer-requested upgrade to network infrastructure at IREN's Texas data centre.”
How we checked this
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Additional evidence
confirms IREN Shares Surge 18% After Strong AI Cloud Revenue Growth and Better-Than-Expected Quarterly Results - Yahoo Finance
Quote: “The adjustment follows a customer-requested upgrade to network infrastructure at IREN's Texas data centre.”