Dell Technologies has secured a significant $1.6 billion deal with IREN (a data center provider) to supply...

Dell Technologies has secured a significant $1.6 billion deal with IREN (a data center provider) to supply Blackwell-based AI systems for expanding Texas data center capacity. This was reported by Digitimes on May 27, 2026. The deal underscores Dell's strong position in the AI infrastructure market, leveraging NVIDIA's Blackwell GPUs. For Dell, this represents a major design win and revenue pipeline, likely boosting its ISG (Infrastructure Solutions Group) segment. The contract contributes to Dell's robust FY26 revenue of $113.5B (+19% YoY) as shown in the investor relations snapshot. This win could pressure competitors like HPE and SMCI, while benefiting NVIDIA (NVDA) as the GPU supplier. The order is expected to ship over the next few quarters, aligning with Dell's guidance and potentially driving upward earnings revisions.