Nebius Stock Surges 148% YTD Amid AI Market Boom
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BTCCSquare news:
Nebius (NBIS 3.43%) has delivered a staggering 148% year-to-date return, fueled by explosive growth in the artificial intelligence sector and strategic backing from Nvidia. With $2.45 billion in cash reserves and a projected 10x revenue increase within 12 months, the overlooked stock is poised for further upside.
Market momentum aligns with broader tech sector trends, where AI-related assets continue to attract institutional capital. The rally reflects growing investor confidence in Nebius' positioning at the convergence of hardware infrastructure and AI software development.
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