$20B+ backlog, two-thirds investment grade
Company: IREN
The claim, verbatim
IREN has a revenue backlog over $20 billion, two-thirds with investment-grade customers Microsoft and NVIDIA.
Source (primary)
IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo! Finance Canada (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “of the $20 billion backlog, two-thirds is investment-grade (Microsoft and NVIDIA”
How we checked this
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Additional evidence
confirms IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo! Finance Canada
Quote: “of the $20 billion backlog, two-thirds is investment-grade (Microsoft and NVIDIA”