NEBIUS Stock Extends Rally, Gaining Nearly 6% to Hit Annual High

Stock News
03/13

On Friday, NEBIUS (NBIS.US) continued its upward trajectory, climbing nearly 6% to reach a new high for the year, with its current price at $114.30. The positive movement follows an announcement that NVIDIA will invest $2 billion in NBIS as part of a strategic collaboration. The partnership will focus on Nebius's construction and deployment of large-scale AI cloud and data center infrastructure globally. According to the announcement, the collaboration aims to deploy over 5 gigawatts of AI computing capacity in the coming years, which is sufficient to support the training and inference services for millions of large AI models, significantly enhancing order visibility. Analysis suggests that these developments are collectively shifting the market's perception of NBIS's fundamentals from a "potential story" to an "executable business framework," fueling the stock's performance.

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