Iren Shares Jump 5% on Speculation of Anthropic Infrastructure Contract
IREN•Iren’s shares surged 5% overnight on speculation of a computing infrastructure contract with AI developer Anthropic, boosting premarket performance. Investors are pricing in incremental revenue from a potential deal to supply data-center services for Anthropic’s AI model training.
1. Stock Performance
Iren’s shares climbed 5% overnight, marking the largest single-day gain in over a month. The rally lifted the share price to its highest level since mid-June and attracted elevated trading activity.
2. Speculation Drivers
Market chatter centers on speculation that Iren could supply data-center services to AI developer Anthropic for large-scale model training. No official announcement has been made and Iren has not confirmed any deal with Anthropic.
