Iren Ltd. (IRN) collects to a height of 52 weeks at a height of PT, AI Boom

We have recently published Artificial Intelligence Madness: 10 shares crushing the market, 6 climb up to their highest levels. Iren Ltd. (Nasdaq: Iren) is one of the best artists on Wednesday.

Iren Ltd. The series of its victories to a fourth consecutive day on Wednesday to reach the highest level ever, as investors took a way to upgrade the price of the investment company, in addition to the constant optimism of the artificial intelligence sector.

During the session, Iren Ltd. However, the stock increased by 11.39 percent.

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In the market report, the BTIG Capital Company raised its target price for IREN LTD. (NASDAQ: IREN) to $ 32 from $ 22 before, while maintaining a “purchase” recommendation.

The promotion of optimism from the company’s move to expand the GPU wallet was followed in July with the acquisition of 9000 NVIDIA graphics processing units, which raised its total ownership to 10900 units. The expansion is five times more than 2000 graphics processing units that were published in early 2024.

While focusing on bitcoin mining, Iren Ltd.

In August alone, Iren Ltd. (NASDAQ: IRN) earlier this week that revenues from their cloud AI have grown by 4.34 percent to $ 2.4 million last month from $ 2.3 million in July.

While we admit the capabilities of IREN as an investment, our condemnation lies in the belief that some of the artificial intelligence shares have a greater promise to provide higher and limited returns than negative risks. If you are looking for a very cheap inventory of artificial intelligence and is also a major beneficiary of the Trump and Bundge tariff, see our free report on The best inventory of artificial intelligence in the short term.

Read the following: 30 stocks must double in 3 years and 11 stocks of hidden artificial intelligence for purchase now.

Detection: Nothing. This article was originally published in A monkey from the inside.