IREN completes Horizon 1 delivery to Microsoft; shares rise 6%

IREN +5.63% NVDA +2.87%

1. 1IREN Limited (IREN) completed delivery of its Horizon 1 AI infrastructure to Microsoft, lifting its share price by 6% in Thursday morning trading.
2. 2Horizon 1 is the first 50-megawatt facility at the Childress, Texas campus, part of the $9.7 billion five-year contract announced in November 2025.
3. 3Powered by NVIDIA GB300 NVL72, it secures exaflops-class cloud status and marks further progress in the company's AI cloud expansion strategy.

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