1.2 GW capacity target for 2027
Company: IREN
The claim, verbatim
IREN targets 1.2 gigawatts of AI Cloud capacity by 2027
Source (primary)
IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “with a longer-term target of 1.2 gigawatts in 2027”
How we checked this
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Additional evidence
confirms IREN Shares Surge as Microsoft Accepts First AI Data Center Under $9.7 Billion Pact - finance.biggo.com
Quote: “with a longer-term target of 1.2 gigawatts in 2027”