Nvidia’s 9.3% equity stake in Nebius, valued at over $5 billion, drove a 19% surge in the AI infrastructure stock on July 21.
Shares of Nebius Group (NASDAQ: NBIS) jumped nearly 19% after a regulatory filing disclosed Nvidia’s 9.3% stake, now worth over $5 billion. The investment aligns with Nvidia’s March commitment of $2 billion to expand Nebius’s AI data center capacity to 5 GW by 2030.
Nebius, a provider of AI cloud infrastructure, has climbed 67% since Nvidia’s backing was announced in March. The company offers end-to-end AI solutions, including software for model fine-tuning and application development, positioning it as a key player in the AI ecosystem.
The stock’s rally reflects investor confidence in Nebius’s growth potential amid rising demand for AI data centers. Nvidia’s stake underscores its strategic focus on scaling AI infrastructure globally.