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IREN Q1 Earnings Call Highlights AI Growth and Deployment Delays
Source: zacks.com
Artificial IntelligenceCorporate Guidance & OutlookCompany FundamentalsTechnology & Innovation
IREN reports surging AI cloud demand and a backlog exceeding $20B, but deployment delays have pushed its $4B ARR target to early 2027. Tighter spending plans temper the outlook despite the strong demand and backlog.
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