NEW YORK, Jan 9, 2026, 15:16 EST — Regular session
- Nebius shares up 1.2% in afternoon trade after a sharp intraday swing
- AI infrastructure names were broadly higher as chip stocks led Wall Street’s gains
- Investors are watching the Nvidia Rubin timetable and Nebius’ next earnings update
Nebius Group N.V. shares were up 1.2% at $98.48 on Friday afternoon, paring earlier gains after the stock briefly climbed above $104. The Nasdaq-listed shares have ranged from $97.25 to $104.94 in the session.
The move came as U.S. stocks pushed higher, with the S&P 500 hitting a record high as chipmakers led broad gains after a weaker-than-expected jobs report, Reuters reported. “On the overall AI theme, investors are getting granular and picking the winners and losers in terms of sub-themes and individual names,” said Zachary Hill, head of portfolio management at Horizon Investments. (Reuters)
Other AI infrastructure plays were higher: Nvidia was up about 0.5%, CoreWeave gained about 3%, and Applied Digital jumped more than 17%.
Nebius has also been on traders’ screens since it said it will offer Nvidia’s Vera Rubin NVL72 platform in the U.S. and Europe from H2 2026 — the second half of the year. Chief executive Arkady Volozh said Nebius was “proud to be one of the first on the market” to offer Rubin GPUs. The company said Rubin would be deployed through its AI Cloud and “Token Factory,” a service aimed at AI inference — when a model generates output. (Nebius)
Nvidia announced Rubin at CES on Jan. 5 and said Rubin-based products would be available from partners in the second half of 2026. The chipmaker said its Vera Rubin NVL72 system combines 72 Rubin GPUs and 36 Vera CPUs. (NVIDIA Newsroom)
Nebius, based in Amsterdam, has been building out data-center capacity after signing multi-billion-dollar contracts with Microsoft and Meta, Reuters reported in December. It competes with U.S. “hyperscalers” such as Amazon and Google — the giant cloud firms — while targeting 2.5 gigawatts of contracted power by end-2026, power agreements needed to run new data centers. Co-founder Roman Chernin told Reuters: “We should be ready (for when) the winter will come.” (Reuters)
But delivery schedules and funding still matter. Nebius has leaned on external financing, including convertible notes — debt that can turn into shares — and an equity sale to support growth, and any delay in GPU supply or power build-outs could crimp expansion plans. (Reuters)
On the chart, traders have been treating the $97 area as near-term support, with resistance near $105 after Friday’s spike. NBIS has traded between $18.31 and $141.10 over the past 52 weeks, a reminder of how quickly this one can move. (Investing)
Next up is earnings: Nebius’ next report is estimated for Feb. 18, before the market opens, according to MarketBeat, with investors looking for updates on capacity and the Rubin timetable. (Marketbeat)
