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Core News Facts
Nebius Group (NASDAQ: NBIS) has reported a 625% surge in revenue in its recent quarter, prompting an increase in its annual revenue run rate forecast to between $900 million and $1.1 billion. The company recently signed a five-year, $17 billion deal with Microsoft to provide AI infrastructure. Nvidia (NASDAQ: NVDA) anticipates AI infrastructure spending could reach $4 trillion by 2030, having posted over $130 billion in revenue last year and maintaining a gross margin exceeding 70%.
Nebius competes with major cloud service providers and AI-focused companies but is positioned well to capitalize on Microsoft’s partnership. Meanwhile, Nvidia’s role as a leading GPU manufacturer and its annual chip updates suggest strong continued growth, with current valuations at less than 40 times forward earnings estimates.
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