NBIS is trading at 3.5% up now at $102.07 after a volatile week marked by a sharp 5.43% drop on October 22, 2025, which followed news of a delayed AI chip launch, a strategic shift to SaaS, and U.S. regulatory investigations into its supply chain. The rebound today appears to be a technical recovery as investors reassess the severity of recent risks and recalibrate expectations, with no new company-specific news or major announcements reported so far. Elevated trading volumes and high volatility persist, reflecting ongoing uncertainty about execution and regulatory outcomes.