MSFT · News · 20261106N

Datacenter Capacity Constraints

MICROSOFT CORP · 2026-11-06 · Importance 17 · Surprise 24

IREN delayed some AI infrastructure deliveries for Microsoft after Microsoft requested network-design changes. IREN said the delay would not incur financial penalties, but the delay pushed its projected $4 billion annual recurring revenue target for 2026 to at least January, according to a Yahoo Finance video transcript. IREN plans approximately $15 billion in capital spending for the rest of its fiscal year.

Key facts

• IREN CEO Daniel Roberts said Microsoft requested changes to data-center infrastructure, pushing the projected $4 billion in 2026 annual recurring revenue to at least January. source