Montrose Environmental Group, Inc. Common Stock (MEG) Stock Analysis — Latest Investor Quotes & Trade Calls

Iron Secures Major AI Deal with Microsoft and Dell

"Well, another AI related. So, of course, of course. Um, so we're looking at iron. So, ticker IN those shares are up 19%. So, extending those gains from the open. So, okay, get this. Iron, it's a renewable energy company based in Sydney. They they mostly have Australian uh uh clients, but you know, they are listed in the US and now they just signed a deal with Microsoft uh for $9.7 billion. And Iron is going to be providing AI computing power and so now Microsoft is their biggest customer and and so this is going to be providing access to m to their Texas-based um uh centers. Microsoft will get access to that. Uh, and they're especially built for AI workloads. The deal also includes a 20% prepayment. So, they got a lot of that cash up front. And then, of course, the other winner in this deal is Dell because Iron has agreed to buy the necessary chips to be able to deliver on this deal from Dell for $5.8 billion. So, everyone is a winner in this deal."

Iron (IN) is spotlighted for its significant deal with Microsoft worth $9.7 billion, where it will supply AI computing power tailored for AI workloads, accompanied by a 20% prepayment. The agreement, further supported by a chip purchase from Dell for $5.8 billion, underscores robust demand and immediate cash flows.