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Update: Market Chatter: Microsoft Gets Compute Boost After IREN Borrows $3.6 Billion for Nvidia Chips

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(Update with Microsoft's response to a request for comment in the second paragraph.)

Data center builder and operator IREN borrowed about $3.6 billion this month to help fund a purchase of NVIDA (NVDA) graphics processing units to be used by Microsoft (MSFT) at a Texas data center, Bloomberg reported Thursday, citing a person with knowledge of the matter.

Microsoft declined to comment to.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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