Nebius shares surged in premarket trading on Tuesday following Nvidia's disclosure of a 9.3% stake in the Dutch neocloud company, as revealed in an SEC filing [1]. The Amsterdam-based Nebius, listed on the Nasdaq, has seen its stock rise nearly 250% over the past 12 months, with a market capitalization reaching $46 billion as of Tuesday morning [1]. On the day of the announcement, Nebius shares were up 7% in premarket trading, underscoring strong investor enthusiasm [1].
Nvidia previously announced a $2 billion investment in Nebius, with plans for the two companies to collaborate on AI infrastructure deployment, fleet management, inference, and AI factory design and support [1]. This partnership positions Nebius as a key player in Europe's AI compute landscape, having secured multiple deals with major tech companies in 2026 amid significant infrastructure spending [1].
In March, Meta signed a long-term agreement to spend up to $27 billion on Nebius' AI infrastructure, further validating Nebius' role as a major beneficiary of the ongoing AI boom [1]. Nvidia's strategy of investing in leading AI companies is evident, as the chip giant contributed $30 billion to OpenAI's $110 billion funding round in March and participated in Anthropic's $30 billion raise in February [1].
The market reaction to Nvidia's stake and partnership announcement has been overwhelmingly positive, with Nebius' stock performance reflecting investor confidence in the company's growth prospects and its pivotal role in AI infrastructure [1].
CONCLUSION
Nvidia's disclosure of a significant stake and strategic partnership with Nebius has propelled the Dutch neocloud's stock higher, highlighting its rapid ascent in the AI infrastructure sector. With major investments and deals from industry giants like Meta and Nvidia, Nebius is positioned as a key beneficiary of the global AI boom. The market response suggests strong optimism for Nebius' future growth and continued leadership in AI compute.