Investing, Stocks, Stocks to Buy

The AI Infrastructure War: IREN vs Applied Digital

Rick Orford Written by: Rick Orford
Mike Reyes Edited by: Mike Reyes
Last Updated March 15, 2026
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IREN (NASDAQ:IREN) could be building something far bigger than a crypto-mining pivot.

As AI demand explodes, its massive GPU expansion and hyperscale partnerships could transform it into a dominant AI cloud platform. But the real question investors are asking is whether this infrastructure race is just beginning… or already pricing in a massive future.

Stock prices used were the market prices of March 6, 2026. The video was published on March 11, 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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