Business Matters: Microsoft inks $16.5B deal gaining access to Nvidia advanced computer chips

Microsoft has reached a deal for more than $16.5B with data-center operator IREN to have access to Nvidia advanced computer chips. The move aims to ease the computing crunch that has kept the tech giant from fully diving into the artificial intelligence boom. Nathaniel Dove has this story and more in Business Matters for Monday Nov. 3, 2025.