NBIS is trading at $130.11, up 15.2% following a landmark announcement that Meta Platforms has signed a five-year agreement to spend up to $27 billion on Nebius's AI infrastructure.
- The contract includes an initial $12 billion for dedicated capacity starting in early 2027, featuring one of the first large-scale deployments of NVIDIA's Vera architecture.
- This massive enterprise commitment validates Nebius's cloud infrastructure capabilities and positions the company as a critical partner in the global AI buildout.
- The stock's performance outpaces the broader market, with the NASDAQ Composite up 1.19% as major indices rebound from earlier losses.