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Nebius Achieves Significant Growth
Nebius Group (NASDAQ: NBIS) has experienced a remarkable 355% increase in share price over the past year, far exceeding Nvidia (NASDAQ: NVDA), which saw a 30% gain. This surge is attributed to a series of substantial agreements, including a $17.4 billion GPU capacity supply deal with Microsoft and a $3 billion AI infrastructure contract with Meta Platforms.
Nebius has successfully sold all available data center capacity and has pre-sold new capacity in markets like Israel and the United Kingdom, reflecting a strong demand-supply mismatch in the data center sector. The company’s revenue grew by 355% year-over-year in the third quarter, with core AI infrastructure revenues up 400%.
Looking ahead, Nebius expects to raise its capital expenditure guidance from $2 billion to $5 billion by 2025, aiming to add between 800 megawatts and 1 gigawatt of connected power, thereby cementing its growing role in the AI cloud market.
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