1 Unstoppable AI Stock to Buy Hand Over Fist Before the Next Leg Higher

Iren, an AI data center company, has crashed 70% from its all-time high despite strengthening fundamentals. The company's AI cloud revenue nearly tripled sequentially to $200M, megawatt pricing has more than doubled to $22-40M per megawatt (vs. $9.7M previously), and it has a $20.3B revenue backlog with $1B in operating annual recurring revenue. With a 35-gigawatt development pipeline and strong financing through prepayments, Iren appears undervalued at current levels.