Nvidia and data center operator IREN announce a deal to deploy up to 5 GW of AI infrastructure; Nvidia can invest $2.1B into IREN; IREN jumps 9%+ after hours (Jonathan Vanian/CNBC)

TechmemeMay 7, 2026
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Nvidia has entered a partnership with data center operator IREN to deploy up to 5 GW of AI infrastructure, with Nvidia potentially investing $2.1 billion into the company. Following the announcement, IREN's shares surged over 9% in after-hours trading, reflecting strong investor confidence in the collaboration.

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