IREN Agrees to Buy 50,000 Nvidia B300 GPUs, Expanding AI Fleet
IREN agreed to buy 50,000 Nvidia B300 GPUs, expanding its AI fleet toward 150,000 units across Mackenzie, B.C., and Childress, Texas by late 2026. The purchase supports IREN’s plan for $3.7 billion in annual AI cloud revenue and highlights robust demand for Nvidia’s latest GPU lineup.
1. Nvidia B300 GPU Order by IREN
IREN has placed agreements to acquire 50,000 Nvidia B300 GPUs as part of a broader expansion that will grow its AI server fleet to 150,000 units. Deployment is slated in phases through late 2026 across newly upgraded air-cooled data centers in Mackenzie, British Columbia, and Childress, Texas.
2. Implications for Nvidia’s Demand and Backlog
This sizable order bolsters Nvidia’s enterprise sales momentum, adding significant volume to its AI data-center hardware backlog. The deal illustrates intensified demand for advanced GPU technology and may influence Nvidia’s capacity planning and revenue projections for future quarters.