On August 27, NEBIUS rose 5.85% in regular trading, trading at $224.51/share, with turnover of $493 million. The rally was driven by NVIDIA's CFO confirming that Groq 3 LPX products will begin batch delivery to early adopters by the end of this quarter, with Nebius designated as the first customer.

NVIDIA previously announced that the Groq 3 LPX rack-scale system, integrating 256 Groq 3 chips for ultra-low-latency AI inference, has entered full production. The initial systems will be deployed at Nebius data centers and integrated into its Token Factory inference platform. This confirmation of the shipment timeline provides further clarity on the commercial rollout of the technology acquired through NVIDIA's approximately $20 billion Groq asset acquisition.

The stock had previously retreated approximately 14% on dilution concerns following the announcement of a $5.75 billion convertible senior notes offering. With that offering now fully closed — including initial buyers exercising the full overallotment option — and the NVIDIA CFO's shipment confirmation providing a dual catalyst, capital has continued to flow back into the stock.

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