Movement Alert|NEBIUS Rises 6.12% Overnight, Announces NVIDIA GPU Rental Price Hike Starting October 1

Market Focus
09/17

On September 17, NEBIUS rose 6.12% overnight, trading at $222.19 per share, with turnover of $302,900.

On the news front, NEBIUS announced it will raise NVIDIA GPU rental prices starting October 1, with CoreWeave rallying in sympathy. The pricing move reflects a tightening AI compute supply-demand dynamic, signaling strengthening bargaining power among cloud service providers. Industry data suggests hyperscale cloud operators have been increasingly leveraging their infrastructure positions, with service-level agreements trending more favorable for GPU lessors amid surging AI workload demand.

Additionally, NEBIUS and CoreWeave are set to be included in the Nasdaq 100 index, boosting expectations for passive fund allocation inflows. Truist recently initiated coverage on NEBIUS with a Buy rating and a $355 price target, noting that the company is well-positioned to capture market share from both emerging and established hyperscale cloud providers, citing a potential $2.1 trillion annual cloud services addressable market by 2030. Earlier, NEBIUS completed a $5.75 billion convertible note offering to fund data center construction and AI cloud expansion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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