The massive acquisition of shares comes during a period of significant growth for Nebius, with the firm's stock price having roughly doubled since the beginning of the year. Investors reacted sharply to the disclosure, which was submitted to the Securities and Exchange Commission based on Monday’s closing price of $182.62 per share. By aligning with Nebius, Nvidia continues to expand its footprint within the cloud infrastructure sector, signaling a deepening commitment to the specialized computing platforms that support modern artificial intelligence development.
In section Market Quotes
Nvidia Takes 9.3% Stake in Nebius Group
A regulatory filing revealed that Nvidia owns 22.3 million Class A shares of Nebius Group, a move that sent the artificial intelligence cloud provider’s stock surging 6.7% to $194.90 in Tuesday’s premarket trading. The investment represents a 9.3% stake in the company, valued at approximately $4.06 billion.
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