Nebius Group N.V. (NASDAQ:NBIS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted the AI opportunities in neoclouds.
Cramer highlighted the company’s deals with the mega-cap companies, as he commented: Next up is Nebius
It also has the Jensen Huang seal of approval, as NVIDIA took a $2 billion stake in this March. Its revenue’s also set to ramp even more aggressively than CoreWeave’s. Nebius… Meta signed… a five-year deal worth up to $27 billion, including $12 billion of dedicated capacity and up to $15 billion of additional capacity with delivery starting in 2027.
It also has Microsoft as a major customer… The stock’s been a juggernaut, too, up more than 150% year to date. While it’s gotten a bit more expensive on some metrics, the growth is incredible, and the biggest question now remains execution. Photo by Yiorgos Ntrahas on Unsplash Nebius Group N.V. (NASDAQ:NBIS) provides AI-focused infrastructure, including GPU-based cloud platforms and tools that support the development of advanced models.