Nebius Stock Sets New High After Nvidia Comments Fuel Wall Street Interest
Nebius Group shares drew attention in early trading Tuesday, coming off a record close. Investors responded to new comments from Nvidia and news that a major AI fund holds a position in the Amsterdam-based cloud firm. The regular U.S. session was still ahead, but Nebius was last seen at $264.51, up $33.46 from its last close. Investors are now looking at the price of limited AI compute power, not only software. Nebius offers cloud space for artificial intelligence jobs that need GPUs, the chips that train and operate big AI models.