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⚡️ JUST IN: IREN and Nebius fell 20% as Microsoft tightened oversight of neocloud data center project

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⚡️ JUST IN: IREN and Nebius fell 20% as Microsoft tightened oversight of neocloud data center projects.

Microsoft is dropping risky projects and debating new cloud deals, while a wiring problem at IREN’s Texas site could delay completion by weeks or months.

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