[Market Movement Analysis] Target 2x Long IRENETF surged on September 17: Nebius price increase + AI cloud computing power + electricity shortage

1. On September 17, Nebius raised GPU computing power service prices, with the highest increase reaching 21%, which also boosted the performance of other new cloud service peers like IREN.
2. On September 17, ERCOT released its first batch of base load lists, confirming 8 gigawatts of electricity capacity. Bernstein believes that electricity scarcity will drive up the rent for computing power infrastructure, and IREN is listed as a potential beneficiary.
3. On September 17, the expansion of AI cloud hosting infrastructure continued, and the market refocused on the demand for enterprise-level AI contract orders and high-density GPU cluster deployments. IREN mainly provides AI cloud services to enterprises, AI developers, and cloud service channel partners.

(Disclaimer: This content is summarized from public information collected by AI technology and is for reference only; it does not constitute investment advice.)