IREN
AI cloud and data centre operator
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IREN is an AI cloud and data centre operator.Sources:1CNBC: Nvidia's role as AI financier faces first big test as neoclouds take market hit, CNBC, 24 October 2026 (source, opens in a new tab)2CNBC: Turmoil hits AI buildout as neoclouds face pressure, credit risks mount and Solidigm pulls IPO, CNBC, 23 October 2026 (source, opens in a new tab)
Timeline
October 2026
- Nvidia's role as AI financier faces its first big test as CoreWeave, Nebius and IREN fall over 30% in OctoberShares down at least 30% in OctoberSources:CNBC: Nvidia's role as AI financier faces first big test as neoclouds take market hit, CNBC, 24 October 2026 (source, opens in a new tab)CNBC: Turmoil hits AI buildout as neoclouds face pressure, credit risks mount and Solidigm pulls IPO, CNBC, 23 October 2026 (source, opens in a new tab)
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Sources
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