US Stock Market Move | NEBIUS (NBIS.US) continues to rise nearly 6%, hitting a new high for the year.
On Friday, NEBIUS (NBIS.US) continued to rise by nearly 6%, reaching a new high for the year at $114.30.
On Friday, NEBIUS (NBIS.US) continued to rise by nearly 6%, reaching a new high for the year, now trading at $114.30. On the news front, NVIDIA Corporation announced that it will invest $2 billion in NBIS as part of a strategic partnership - with a focus on building and deploying massive AI cloud and data center infrastructure worldwide.
The announcement stated that the collaboration between the two parties will cover a deployment scale of over 5 gigawatts of AI computing capacity in the coming years, enough to support the training and inference services of millions of large AI models, significantly improving order visibility. Analysts point out that these factors together are driving the market's perception of NBIS from a "potential story" to an "executable business framework," igniting the stock performance.
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