IREN orders 50,000 NVIDIA B300 GPUs to reach 150,000-unit fleet

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IREN Expands AI Cloud Capacity to 150,000 GPUs

March 4, 2026 4:30 PM EST

NEW YORK, March 04, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (IREN) today announced it has entered into purchase agreements for over 50,000 NVIDIA B300 GPUs that will expand its total fleet to 150,000 GPUs.

Time-to-compute is an increasingly important factor in todays AI cloud market. Early procurement enables IREN to bring cloud capacity online with greater speed and certainty, ensuring deployment timelines remain on track as customer agreements progress.

IREN expects to deploy the additional GPUs in phases through H2 2026 across its existing air-cooled data centers in Mackenzie, British Columbia and Childress, Texas.... More