Nebius Group stock remained relatively flat as investors continued to weigh its strong long-term growth narrative, driven by its role as a critical AI infrastructure play providing GPU training clusters for hyperscaler clients.
- The company has secured major AI infrastructure contracts, including US$3.00 billion with Meta and more than US$17.40 billion with Microsoft.
- Management is planning to scale contracted power from 1 gigawatt to 2.5 gigawatts to meet growing client demand.
- The stock closed at $97.30 and is trading slightly higher at $97.35 in after-hours trading, reflecting digestion of its recent strong run rather than a reaction to new material announcements.