H100s recontracted at double price, multiyear
Company: IREN
The claim, verbatim
IREN recontracted H100 GPUs at double the previous price, locked in for a multiyear term.
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: “the H100s that were recontracted at double the previous price are now locked in for a multiyear term”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
Chief Commercial Officer Kent Draper is summarized as saying the H100s were recontracted at double the previous price and are locked in for a multiyear term, not an ultra short-term contract.
Confirmed in the source:
- IREN recontracted H100 GPUs
- The recontracted price was double the previous price
- The recontracted H100s are locked in for a multiyear term
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: “the H100s that were recontracted at double the previous price are now locked in for a multiyear term”
confirms IREN Ltd (IREN) Q1 2027 Earnings Call Highlights: AI Cloud Revenue Nearly Triples to $200 ... - Yahoo Finance
Quote: “the H100s that were recontracted at double the previous price are now locked in for a multiyear term, not an ultra short-term contract”