Nebius Group (NBIS) stock is soaring 5.08% during Friday's trading session, buoyed by news of a massive deal with Microsoft and potential expansion plans. The surge comes as the artificial intelligence (AI) infrastructure sector continues to show strong momentum.

Microsoft has committed more than $33 billion to neocloud companies, with Nebius securing a significant portion of this investment. The agreement with Nebius, valued at up to $19.4 billion, is expected to provide Microsoft with computing power for building large language models and a consumer AI assistant. This deal also grants Microsoft access to over 100,000 Nvidia GB300 chips, highlighting the critical role Nebius plays in the AI infrastructure landscape.

Adding to the positive sentiment, Nebius recently purchased 79 acres of land in Birmingham, Alabama, for $90 million. This acquisition is believed to be part of the company's U.S. expansion plans and could potentially be used to build new data centers with hundreds of megawatts of capacity. The move signals Nebius' commitment to growth and its ability to meet the increasing demand for AI infrastructure.

The surge in Nebius' stock price reflects the market's optimism about the company's future prospects and the continued strong demand for AI infrastructure. As major tech companies like Microsoft invest heavily in AI capabilities, Nebius is well-positioned to benefit from this trend. Investors appear to be betting on Nebius' ability to capitalize on the growing need for high-performance computing resources in the AI era.