Iren → Dell: $5.8B chips & hardware
IREN buys $5.8 billion of GPUs from Dell for Microsoft. To serve the $9.7 billion contract with Microsoft, IREN buys Nvidia GB300 GPUs from Dell for about $5.8 billion, delivered in tranches from March 2026.
This deal is 100% of everything Iren pays and 54% of everything Dell receives in this database.
- Date
- Nov 3, 2025
- Paid by
Iren- Received by
Dell- Type
- Chips & hardware
- Amount
- $5.8B
- Status
- announced
- Note
- purchase of GB300 GPUs and accessories
Sources
All deals between Iren and Dell
- Nov 3, 2025 Iren → Dell · IREN buys $5.8 billion of GPUs from Dell for Microsoft $5.8B
More Iren / Dell deals
- Jun 1, 2026 IREN: $3.65 billion for Microsoft contract $3.6B
- May 7, 2026 Nvidia up to $2.1 billion in IREN $2.1B
- Nov 3, 2025 Microsoft signs $9.7 billion with IREN $9.7B
- Feb 14, 2025 xAI close to $5 billion Dell server order $5B