IREN Horizon rework for newer Microsoft chips
Company: IREN
The claim, verbatim
IREN said Microsoft asked for updates to support newer chip models, which required rework of wiring and cabling at Horizon. IREN does not expect a notable increase in the Horizon build's capex.
Source (primary)
Inside IREN’s Earnings ($200M AI Cloud). Plus TeraWulf & Bitcoin Mining - Yahoo Finance (-, news_article)
View cached copy (2026-11-12)Live source ↗Archive.org ↗
Quote: “They're not expecting that to be a notable increase in the capex cost on the horizon build”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Inside IREN’s Earnings ($200M AI Cloud). Plus TeraWulf & Bitcoin Mining - Yahoo Finance
Quote: “They're not expecting that to be a notable increase in the capex cost on the horizon build”