US stocks surged: Nebius (NBIS.US) clinches nearly $20 billion AI mega deal with Microsoft, stock price skyrocketing over 45%.

According to the app of Wisdom Financial News, on Tuesday, Nebius (NBIS.US) surged over 45% at the opening, reaching a historical high of $92.70. In terms of news, Microsoft (MSFT.US) and Nebius have reached a multi-year agreement with an amount close to 20 billion dollars, aiming to obtain artificial intelligence cloud computing capabilities from this tech company, which was spun off from the Russian internet giant Yandex. The company stated in a filing submitted to the U.S. Securities and Exchange Commission on Monday that this deal will bring Nebius profits of 17.4 to 19.4 billion dollars by 2031. This agreement is a huge gain for Nebius. The company has always been committed to leveraging the artificial intelligence trend to expand its data center business.