Australia's Data-Center Power Demand Seen Jumping 7x, Creating Optionality for $IREN

Australia's data-center demand is expected to jump 7x to 34 TWh, reaching 13% of national electricity use, just as nearly 15 GW of coal and gas capacity retires.
While $IREN's AI buildout remains centered in Texas, its Australian roots and legacy footprint could create optionality if those powered sites eventually follow the same AI playbook, according to the post.