Reported 18 days ago
Nebius Group (NASDAQ: NBIS) has seen over a 300% surge in stock price this year, driven by a booming demand for AI infrastructure capabilities amidst explosive revenue growth, which recently reached $105 million. As a company evolved from Yandex to focus on providing GPU-powered compute services in the AI sector, Nebius stands out from competitors like CoreWeave due to its managed AI services. Potential investors must weigh their risk appetite; cautious investors may opt for established firms like Microsoft or Amazon, while aggressive investors may find an opportunity in Nebius as it continues to grow in a rapidly expanding AI market.
Source: YAHOO