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IREN

IREN
Layer 3: Infrastructure Power Rich Data Centers
NEUTRAL none conviction daily run

Guest preview — showing qualitative direction only.

$4.5B
Market Cap
45%
AI Revenue
$100.0M
Avg Daily Vol
0
Sec. Layers

IREN Analysis Summary

IREN (IREN) operates in Layer 3: Infrastructure, in the Power Rich Data Centers sub-sector. With a $4.5B market cap and 45% AI-derived revenue, it sits in the midstream tier of the AI supply chain.

The current composite signal is neutral with none conviction, driven primarily by daily factors.

IREN has supply chain relationships with 2 companies in the AI ecosystem. Upstream suppliers include ETN, VRT.

IREN is currently affected by 2 bottlenecks (Grid Gear / Long-Lead Electrical Equipment, Data Center Power Capacity).

Learn more about our signal methodology. View Signal History → IREN AI Visibility →

Analysis as of May 21, 2026 15:32 UTC (daily run). Live data.

Data Trust

Quality grade C · Score 0.74 · Updated May 21, 2026 15:32 UTC (0.3h ago)

Source-by-source provenance available after sign-in.

Signal Snapshot

Current model view is neutral with none conviction. Based on the latest daily run.

Primary driver appears to be daily factors for this ticker.

Latest Recommendation

No recent recommendation is currently published for this ticker in the latest completed runs.

Supply Chain Position (Guest Preview)

Upstream Suppliers (2)
ETN VRT
Downstream Customers (0)

No downstream customers tracked.

Neighbor signal strengths and propagation context available after sign-in.

Portfolio Position

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Bottleneck Exposure (Guest Preview)

⚠ Affected by Grid Gear / Long-Lead Electrical Equipment
⚠ Affected by Data Center Power Capacity

Fundamentals & Characteristics

Market Cap
$4,500M (4.5B)
Avg Daily Volume
$100.0M
AI Revenue %
45%
Liquid Options
No
Layer
3 — Infrastructure
Sub-Sector
Power Rich Data Centers
Mega Cap
No

Latest Signal Snapshot

NEUTRAL none conviction daily May 21, 2026 15:32 UTC

Full multi-run history, trend charts, and component-level changes available after sign-in.

Key Facts About IREN

IREN FAQ

What does IREN do in AI?

IREN (IREN) operates in the Infrastructure layer of the AI supply chain, in the Power Rich Data Centers sub-sector.

Is IREN a buy or sell?

Full signal analysis for IREN is available after sign-in at Early Signal. Our quantitative model analyzes momentum, sentiment, earnings, and supply chain factors.

What AI supply chain layer is IREN in?

IREN is in Layer 3: Infrastructure. Early Signal's 10-layer taxonomy traces the AI value chain from raw materials (Layer 0) through semiconductor manufacturing, chips, infrastructure, cloud platforms, AI tools, foundation models, applications, AI-enabled transformation, to secondary beneficiaries (Layer 9). Learn more on the methodology page.

What is IREN's AI revenue exposure?

IREN derives approximately 45% of its revenue from AI-related activities. It has a market capitalization of $4.5B and sits in the midstream tier of the AI supply chain.

Who are IREN's AI supply chain partners?

IREN has supply chain relationships with 2 companies in the AI ecosystem. Key upstream suppliers include ETN, VRT.

AI Brand Visibility

How often AI models (ChatGPT, Claude, Gemini) mention IREN when users ask questions in its category.

Source: geo.sig.ai — tracks AI visibility for 5,600+ companies across 30 verticals.