Nebius Group Stock Hits Record High Amid Raised Guidance and U.S. Expansion
Nebius Group (NASDAQ: NBIS) stock surged over 24% in a week after raising its contracted data center power capacity guidance for 2026 by one-third to at least 4 gigawatts, despite reporting growing net losses. The company also announced the start of construction on its first U.S.-based AI factory and saw Q1 AI cloud revenue rise 841% year-over-year.
Topics: AI infrastructure data center capacity revenue growth stock price surge