The AI Capacity Crunch: What's Next for Iren and the Industry? Iren, an Australian data center specialist, has seen its stock plummet by 12% in a week.
Behind this volatility lies a more significant story: the increasingly tight supply of AI infrastructure and its implications for the industry.
The AI revolution has transformed modern business history, with companies investing hundreds of billions of dollars in AI infrastructure driven by demand for high bandwidth memory (HBM) and specialized chips.