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Wallstreetcn
2025.11.08 12:54

JP Morgan: Raised the price target for IREN to $28 for December 2026, up from $24 previously. It is expected that IREN will need to add approximately 120,000 GPUs and will require up to 320 MW of new computing power over the next 13 months. Even with Microsoft's advance payments, the company's costs are expected to exceed $9 billion