Nebius (NBIS) Jumps 26.4% on Nvidia Deal

Nebius Group NV (NASDAQ:NBIS) is one of the 10 Stocks Making Huge Moves this Week.

Nebius Group soared by 26.4 percent week-on-week, as investors mirrored Nvidia Corp.’s backing of the company through the acquisition of a $2 billion stake.

In a statement, Nvidia said that the total investment complements a partnership recently sealed with Nebius Group NV (NASDAQ:NBIS) for the joint development and deployment of next-generation hyperscale cloud for the AI market.

Under the agreement, the two firms would collaborate on AI factory design and support, including access to partner design material, design review process and acceptance, and regular business and technical reviews, among others.

Nebius (NBIS) Jumps 26.4% on Nvidia Deal

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They would also partner on creating a best-in-class inference and agentic AI stack for developers and enterprises with Nvidia’s latest software technologies, optimized models, and libraries.

Nebius Group NV (NASDAQ:NBIS) would deploy multiple generations of Nvidia’s infrastructure across its platform, as well as the latest GPU health monitoring to allow software recommendations.

At present, Nebius Group NV (NASDAQ:NBIS) is underway with the development of an AI factory capable of powering 5 GW of capacity. Deployment is expected to start over the next four years.

While we acknowledge the risk and potential of NBIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NBIS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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