Stocks
Nvidia's $2 Billion Bet on Nebius Pays Off with 170% Stock Surge
Nvidia has taken a significant stake in Nebius (NBIS), owning over 22 million shares, just shy of 10% of the company. This investment has proven to be a genius move so far this year, with the stock up roughly 170%.
Nebius is a neocloud company that provides AI computing power to clients via the cloud. The demand for its services is high, and it has signed major clients like Microsoft (MSFT) and Meta Platforms (META).
The company's growth rate is impressive, with 684% revenue growth in Q1 2026. Wall Street expects even higher growth rates in the coming years, with 450% revenue growth expected for Q2 2026 and 238% revenue growth predicted for 2027.