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This Powerful AI Stock Has Huge Potential and Real Dilution Risk

IREN is trying to turn power, land, cooling, and GPUs into a major AI infrastructure platform. The upside looks huge, but execution risk may decide everything.

Written by: Rick Orford

Edited by: Mike Reyes

Last Updated June 19, 2026

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IREN (NASDAQ:IREN) sits at the center of a growing debate among investors. AI needs chips, but it also needs electricity, cooling, land, and data-center capacity. That could make IREN’s infrastructure strategy more valuable than the market expected, especially if AI Cloud revenue scales into the billions.

Stock prices used were the market prices of June 16, 2026. The video was published on June 18, 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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