Nvidia's $3.4B AI Infrastructure Deal with IREN and Historic $5 Trillion Valuation - May 2026

Key points

• •Nvidia has committed a monumental $3.4 billion deal with data center operator IREN in May 2026 to build extensive AI cloud infrastructure, including deploying 60MW at IREN's Texas campus and planning up to 5 gigawatts of DSX-aligned compute power. This investment exemplifies Nvidia's aggressive expansion in AI data center capacity and strategic partnerships to dominate the AI infrastructure market.[MSN][Stock Titan][Data Center Dynamics][SiliconANGLE][qz.com][Tekedia]
• •In May 2026, Nvidia’s stock price hit unprecedented all-time highs, and the company achieved a historic market valuation exceeding $5 trillion, making it the most valuable company in history. This milestone reflects overwhelming investor confidence and Nvidia's leadership position in AI, GPUs, and data center markets globally.[TradingView][ColombiaOne.com]
• •Nvidia is expanding its global AI infrastructure footprint by partnering with TotalEnergies and Dell to construct a new supercomputer in Pau, France, announced in May 2026. This partnership highlights Nvidia’s role in international AI deployments and strengthens its presence in advanced computational resources outside the US.[Data Center Dynamics]
• •Nvidia's $2.1 billion investment in IREN is placed towards deploying the Blackwell AI platform and significantly increasing AI compute capacity in data centers. This strategic deployment is critical to Nvidia’s plans to solidify infrastructure supporting next-generation AI workloads across major enterprise data hubs.[Data Center Dynamics][qz.com][Tekedia]
• •Following Nvidia's multibillion-dollar deals, IREN’s stock price surged markedly in May 2026, gaining substantial investor enthusiasm as the market recognizes Nvidia's influential AI infrastructure investments as a growth catalyst for the company.[SiliconANGLE]
• •In May 2026, Nvidia released CUDA-Oxide 0.1, an experimental compiler that enables the Rust programming language to target CUDA GPU acceleration. This innovation positions Nvidia at the forefront of expanding the CUDA ecosystem and appealing to diverse developer communities focused on GPU computing.[Phoronix]

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