Report: Childress delays pushed back Microsoft capex
Company: IREN - Project: Childress
The claim, verbatim
A report citing unnamed sources said delays at IREN's Childress site led Microsoft to push back capex planned for the September quarter.
Source (primary)
IREN Sinks 9% After Report Links It to Microsoft's AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7% - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “delays at IREN's Childress site led Microsoft to push back capital expenditures (capex) it had planned for the September quarter”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article states that a November 4 report citing unnamed sources said Childress delays led Microsoft to push back capex planned for the September quarter.
Confirmed in the source:
- A report cited unnamed sources
- The report said delays at IREN's Childress site led Microsoft to push back capex
- The delayed capex had been planned for the September quarter
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/11/05/iren-sinks-9-after-report-links-it-to-microsofts-ai-spending-delay-nebius-tumbles-11-coreweave-slides-7/) in full (11,960 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Sinks 9% After Report Links It to Microsoft's AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7% - 24/7 Wall St.
Quote: “delays at IREN's Childress site led Microsoft to push back capital expenditures (capex) it had planned for the September quarter”