Nvidia’s disclosure of a 9.3% passive stake in Nebius highlights deepening AI infrastructure collaboration between the firms.
Nebius Group NV (NASDAQ:NBIS) shares jumped over 13% in New York trading after Nvidia Corp disclosed a 9.3% stake, equivalent to 22.26 million shares. The position combines Nvidia’s existing 1.19 million shares with a $2 billion prefunded warrant covering 21 million shares, signaling no new capital infusion.
Nvidia and Nebius have partnered on AI infrastructure, fleet management, and AI factory design, with Nebius emerging as a key European necloud provider. The disclosure formalizes Nvidia’s role as a major shareholder amid surging demand for AI compute infrastructure through 2026.
Nvidia shares rose 1.5% in response, reflecting investor confidence in the strategic alignment between the two companies.