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Working with NVIDIA MaxLPS software to oversubscribe GPUs per MW

Company: IREN

Subject kind
partnership
Statement date
2026-11-05
Current status
stated

The claim, verbatim

IREN is working with NVIDIA's MaxLPS software, which lets it oversubscribe GPUs per megawatt by throttling them when needed.

Source (primary)

IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗

Quote: “IREN is working with NVIDIA software called MaxLPS, which allows oversubscribing GPUs per megawatt”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

Kent Draper is reported as saying IREN uses NVIDIA's MaxLPS to oversubscribe GPUs per megawatt, since GPUs usually run below nameplate power, with the software throttling them when needed.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/iren-ltd-iren-q1-2027-052040826.html?.tsrc\\u003drss) in full (17,021 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance

Quote: “IREN is working with NVIDIA software called MaxLPS, which allows oversubscribing GPUs per megawatt”

View cached copy (2026-11-08)Live source ↗Archive.org ↗