Nebius Group NV (NASDAQ:NBIS) is one of them 10 Stocks Making Big Moves Today
Nebius extended its winning streak to a third straight session on Wednesday, jumping 16.14 percent to end at $112 apiece, as investors reflected support for Nvidia Corp. by buying $2 billion in shares.
In a statement, Nvidia said the total investment complements a recently sealed partnership with Nebius Group NV (NASDAQ: NBIS ) to co-develop and deploy a next-generation hyperscale cloud for the AI market.
Data center server racks. Photo by Brett Sills on Pixels
Under the agreement, the two companies will collaborate on AI Factory design and support, including access to shared design materials, design review processes and acceptance, and regular business and technical reviews, among others.
They will also partner with Nvidia’s latest software technologies, optimization models and libraries to create a best-in-class inference and agent AI stack for developers and enterprises.
Nebius Group NV (NASDAQ: NBIS ) will deploy multiple generations of Nvidia infrastructure across its platform, as well as the latest GPU health monitoring to allow software recommendations.
Currently, Nebius Group NV (NASDAQ:NBIS) is developing an AI factory with a capacity of 5 gigawatts. Recruitment is expected to begin over the next four years.
While we acknowledge the potential of NBIS as an investment, our belief is that some AI stocks have more promise to deliver higher returns and have limited risk. If you’re looking for a very cheap AI stock that’s also a big beneficiary of Trump’s tariffs and onsuring, check out our free report Best short-term AI stocks.
Read more: 30 stocks that should double in 3 years and 11 Secret AI Stocks to Buy Right Now.
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