Investing, Stocks, Stocks to Buy

IREN Stock Has Surged, But the Real Test Starts Now

Written by: Rick Orford

Edited by: Mike Reyes

Last Updated May 14, 2026

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IREN (NASDAQ:IREN) just energized its Sweetwater 1 substation in Texas, giving investors a clearer sign that its AI infrastructure ambitions are moving beyond the slide deck. The quarter still looked messy, but the company’s power capacity, AI Cloud growth, and data center expansion could matter more than short-term earnings pressure right now.

Stock prices used were the market prices of May 8, 2026. The video was published on May 12, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.

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