IREN pushes back $4 billion in annualized revenue after customer request

Revenue previously expected in 2026 is shifting into early next year, IREN said after a sharp stock decline, according to CNBC. Data Center Dynamics attributes the delay to a Microsoft design change affecting IREN's Texas data center delivery, with January now the target for bringing the capacity online.

Covered by 2 publishers within 13 hours of the first report.

• Data Center Dynamics: Microsoft design change delays Iren's data center delivery in Texas

Reporting2

CN CNBC Neocloud IREN says $4 billion in annualized revenue being delayed due to customer request 5:29 PM

DCD Data Center Dynamics Microsoft design change delays Iren's data center delivery in Texas 6:31 AM

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Topics MicrosoftData centers