← Back to articles
AI Stocks & Markets

Nebius shares surge 143% in 2026 as data center demand outpaces Nvidia's 20% gain

Yahoo Finance AI · May 23, 2026

Nebius shares surge 143% in 2026 as data center demand outpaces Nvidia's 20% gain

AI Summary

  • •Nebius, a data center infrastructure company, saw shares rise almost 143% through early 2026, while Nvidia gained around 20%. In March 2026, Nvidia announced a strategic partnership and agreed to invest $2 billion in Nebius for an approximately 8.3% ownership stake, committing to provide AI processors for Nebius to deploy more than 5 gigawatts of data center capacity by 2030.
  • •Nebius specializes in data center infrastructure optimized for AI training, inference (running AI models in real time), and agentic AI workloads (AI systems that autonomously perform multistep tasks). In Q1, revenues surged 684% year over year to $399 million, with AI business revenue growing 841% year over year to $390 million (98% of total sales). The company's AI business annualized run rate reached $1.9 billion.
  • •Major customers include Meta Platforms and Microsoft. Nebius' expanded deal with Meta Platforms is valued at $27 billion over five years; its AI infrastructure deal with Microsoft is worth $17.4 billion over five years. The company sold out its available data center capacity in Q1, with demand exceeding supply. Management expects 2026 revenues between $3 billion and $3.4 billion with an adjusted EBITDA margin of nearly 40%.
  • •Nebius raised its 2026 capital expenditure forecast to between $20 billion and $25 billion, up from $16 billion to $20 billion, and has set up an 'at the market' program to sell up to 25 million new shares, though management said it has not yet used that option. The company holds $9.3 billion in cash.
Read Original Article

Related Articles

Nvidia's networking business reached a $60 billion annualized run rate in fiscal Q1, nearly matching Cisco's total company revenue and surpassing Arista Networks.
AI Stocks & Markets

Nvidia's networking business reached a $60 billion annualized run rate in fiscal Q1, nearly matching Cisco's total company revenue and surpassing Arista Networks.

Yahoo Finance AI·May 23, 2026
NVIDIA reports $81.6 billion revenue, up 85% year-over-year, and announces $80 billion share repurchase program
AI Stocks & Markets

NVIDIA reports $81.6 billion revenue, up 85% year-over-year, and announces $80 billion share repurchase program

Yahoo Finance AI·May 23, 2026
Applied Materials joins Meta, Broadcom, GlobalFoundries, and Synopsys to fund a US$125 million semiconductor research hub at UCLA focused on next-generation chip and AI technologies.
AI Stocks & Markets

Applied Materials joins Meta, Broadcom, GlobalFoundries, and Synopsys to fund a US$125 million semiconductor research hub at UCLA focused on next-generation chip and AI technologies.

Yahoo Finance AI·May 23, 2026
Alphabet's net profit surged 44% to $160 billion on a trailing-12-month basis, driven by AI-powered Search and growing Google Cloud profitability.
AI Stocks & Markets

Alphabet's net profit surged 44% to $160 billion on a trailing-12-month basis, driven by AI-powered Search and growing Google Cloud profitability.

Yahoo Finance AI·May 23, 2026
Cerebras' 68% IPO surge sparks AI chip competition, but Nvidia retains dominance with $216 billion in annual revenue versus Cerebras' $500 million.
AI Stocks & Markets

Cerebras' 68% IPO surge sparks AI chip competition, but Nvidia retains dominance with $216 billion in annual revenue versus Cerebras' $500 million.

Yahoo Finance AI·May 23, 2026

Stay ahead with AI news

Get curated AI news from 200+ sources delivered daily to your inbox. Free to use.

Get Started Free