New York, January 21, 2026, 19:45 EST — After-hours
- Nebius shares slipped roughly 0.4% in after-hours trading, following a volatile day in the regular session.
- Investors are taking stock of Israel’s launch of a national AI supercomputer built on Nebius infrastructure and powered by Nvidia’s B200 chips.
- Traders are keeping an eye on tariff news and when the company will release its next earnings report.
Nebius Group N.V. shares slipped 0.4% to $98.87 in after-hours trading Wednesday, following the close of the regular U.S. session. The stock fluctuated between $93.10 and $102.38 during the day, with roughly 15.5 million shares changing hands.
The drift is significant as it holds the Nasdaq-listed AI infrastructure stock under $100, a key threshold that usually attracts short-term traders. This follows a week marked by investors rapidly offloading high-beta tech at the slightest change in the macro environment.
Nebius is grabbing attention for another reason. Israel’s national AI supercomputer just went live, with Nebius providing the backbone infrastructure, according to Data Center Dynamics. The initiative hands out access to 1,000 Nvidia B200 GPUs — key chips for AI model training. Dror Bin, CEO of the Israel Innovation Authority, called it “a key step in strengthening Israel’s R&D infrastructure for artificial intelligence,” the report says. (Data Center Dynamics)
The Israel Innovation Authority has launched its request process for companies and research institutions aiming to secure discounted compute resources, with a committee set to decide on allocations. They’ve established minimum usage thresholds: industry users must request at least 16 B200 accelerators, while academic institutions need eight, for durations ranging from one to six months. (רשות החדשנות)
The stock has been attempting to find its footing following Tuesday’s sharp drop, which saw it plunge 8.7% to end at $99.29. Even after bouncing off Wednesday’s session low, NBIS remains roughly 9% below Friday’s closing price. (StockAnalysis)
Macro factors remain dominant. On Tuesday, the three main U.S. indexes suffered their steepest single-day declines in three months after President Donald Trump warned of escalating tariffs on several European nations beginning February 1. The threat sent investors scrambling into risk-off positions. (Reuters)
Global stocks bounced back Wednesday after Trump announced a framework for a Greenland deal and scrapped the February 1 tariffs. “Uncertainty just got priced out,” said Matthew Smart, director of financial planning and portfolio analysis at WWM Investments. That sentiment helped fuel the quick recovery, although traders remained cautious about what might come next. (Reuters)
Nebius, a Netherlands-based firm, offers AI-centric compute through a “neocloud” — an independent cloud setup centered on rare, high-powered GPUs. It goes head-to-head with established data-center operators and U.S. hyperscalers like Amazon and Google. The company highlights multi-billion dollar deals with Microsoft and Meta as it scales up in both the U.S. and Europe. (Reuters)
Still, the Israel project and the bigger contracts don’t erase the main risk: building GPU-heavy data centers burns through cash, with delivery tied to chip availability and power. Nebius revealed in 2025 that its capital spending surged to $955.5 million in just one quarter as losses deepened, highlighting the execution risk investors can’t shake. (Reuters)
Traders on Thursday will keep an eye on whether NBIS stays above Wednesday’s intraday low and if fresh tariff news rattles tech stocks again. The next big trigger is earnings season: Nasdaq shows Nebius’s estimated report date around February 18. Investors will be focused on any updates about capacity expansions, financing, and customer demand. (Nasdaq)
