Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
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nebius The stock rose 6% on Tuesday Nvidia announced its 9.3% stake in neocloud.
The Amsterdam-based company has emerged as one of Europe’s leading neoclouds providing AI computing, signing a slew of deals with tech giants in 2026 amid massive infrastructure spending.
The company has been one of the biggest beneficiaries of the AI boom, with its shares rising almost 250% in the last 12 months. Its market cap was $46 billion as of Tuesday morning.
Nebius and Nvidia have been approached for comment.
Nebius stock.
Nvidia had previously announced that it would invest $2 billion in the Dutch company, which is traded on Nasdaq.
As part of the agreement, the companies will collaborate on AI infrastructure deployment, fleet management, inference and AI factory design and support.
In March, Meta signed a long-term agreement to spend up to $27 billion on Nebius’ AI infrastructure.
Nvidia has been increasing its stakes in some of the world’s most promising artificial intelligence companies in recent years.
The chip giant contributed $30 billion to OpenAI’s $110 billion funding round announced in March and participated in Anthropic’s $30 billion raise in February.
Freedom Capital Markets upgraded Nebius to a buy rating in a note Monday.
The previous week, Nebius announced that it had raised $775 million in its first senior secured debt facility, backed by deployed GPU infrastructure and contractual contractual cash flows with an investable customer. Freedom Capital Markets called the increase a “positive catalyst” for the company.
