IRE ETF (IRE) is trading 6.4% up today as traders continue to price in the powerful AI data center and high-performance computing story behind its underlying stock, IREN Limited.
- The latest leg up follows fresh enthusiasm around IREN’s recently announced multi-billion-dollar NVIDIA AI partnership and large cloud deals.
- These strategic developments have driven strong gains in IREN and, by leverage, in the IRE ETF during pre-market trading on May 27, 2026.
- Market participants are increasingly focused on IREN's transition into a major infrastructure player within the high-performance computing sector.