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
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states a longer-term target of 1.2 gigawatts in 2027.
Confirmed in the source:
- IREN targets 1.2 gigawatts of AI Cloud capacity by 2027
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/1a9b275f-b452-45e8-ae79-3382233c4a74) in full (7,218 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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”