Jim Cramer Calls NVIDIA’s Investment in Nebius a “Big Deal”

Nebius Group N.V. (NASDAQ:NBIS) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher. Cramer highlighted NVIDIA’s investment in the stock, as he remarked:

Wednesday, we hear from a company called Nebius, and that’s a company that NVIDIA poured $2 billion into because they want Nebius to help develop knowledge factories. This is a big deal for this relatively unknown AI company, and it’s part of a constellation that NVIDIA’s put together to ensure that clients can take advantage of NVIDIA’s best chips.

Image by MayoFi from Pixabay

Nebius Group N.V. (NASDAQ:NBIS) provides AI-focused infrastructure, including GPU-based cloud platforms and tools that support the development of advanced models. During the April 6 episode, a caller inquired about the stock, and Cramer responded:

Okay, Nebius is doing quite well, and I normally, I would’ve said two years ago, way too speculative, but I’ve gotta tell you, they’re winning a lot of orders. I think they do a good job. I like CoreWeave more, but Nebius is actually a very respected company. I think you gotta good one.

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