Why Is Iren Stock Falling Today despite the Nvidia Deal?

Why Is Iren Stock Falling Today despite the Nvidia Deal?

By Solomon Oladipupo
Publication Date: 2026-05-11 17:47:00

Shares in Iren Limited ($IREN) dropped about 4% on Monday afternoon despite its $5.5 billion AI infrastructure deal with top chipmaker Nvidia ($NVDA). The drop come…