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via The Block · By The Block Editorial

Bernstein sets $100 IREN target after $3.4 billion NVIDIA AI deal

NVDA

NVDA/USDT

$201.18

-0.29%

$201.18

-0.29%

(24s)

24h Volume

$65,842,530.73

24h H/L

$202.87 / $196.78

Change: $6.09 (3.09%)

Funding Rate

+0.0679%

Longs pay

Data provided by COINOTAG DATALive data

NVDA

Daily

$201.92

▲ 0.56%

Volume (24h): -

Resistance Levels

Resistance 3$214.1796

Resistance 2$206.5686

Resistance 1$202.0075

Price$201.92

Support 1$200.74

Support 2$196.6354

Support 3$192.8876

Pivot (PP):$201.4333

Trend:Downtrend

RSI (14):40.8

The Block Editorial

(02:07 PM UTC)

1 min read

Approved byDavid Kim

1476 views

0 comments

Analysts at research and brokerage firm Bernstein have issued a price target of $100 for IREN, following the announcement of a long-term strategic partnership with NVIDIA that includes a $3.4 billion AI cloud contract and an equity option allowing NVIDIA to invest $2.1 billion at $70 per share.

IREN shares closed at $56.85 on May 7, according to The Block's IREN price page, with…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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