Nebius Group N.V.

NBIS

Market cap $23.9B

Nebius has sold all available data center capacity and even presold new capacity. Mega-deals with Microsoft and Meta Platforms have improved the company's long-term revenue visibility.

CoreWeave and Nebius are growing at incredible rates thanks to the booming demand for data center compute. Both companies seem set to deliver outstanding growth in the long run thanks to their huge backlogs.

The stock market has been a rollercoaster this year, marked by geopolitical tensions, trade wars, and shifting Federal Reserve policies that have left investors on edge.

Shares of the AI infrastructure company are nearly 30% off recent highs. Creative financing has some questioning whether companies like Nebius will really get returns on investment.

Nebius has corrected 30% from its October highs, driven by a sector-wide AI infrastructure cooling. The bearish narrative ignores the massive backlog: The $19.4B Microsoft deal and ~$3B Meta partnership effectively "secure" future growth. The growth needed to justify their current valuation is mainly already secured by their MSFT and Meta deal.

Nebius Group NV (NASDAQ: NBIS) may have closed up 6.54% on Wednesday at $94.69, yet the stock still trades roughly 30% below its 52-week high of $141.10. For most companies, that kind of drawdown is a distress signal.

AI infrastructure is the new investment frontier, with Nebius scaling fast and Google leveraging its cloud dominance for growth.

Nebius is putting up triple-digit growth but also wide losses. The company's business model requires it to spend aggressively on capital expenditures.

The recent artificial intelligence (AI) sell-off has created attractive entry points in names ranging from chipmakers to data center operators. Infrastructure plays like CoreWeave and Nebius have pulled back sharply despite locking in tens of billions in hyperscaler contracts.

Nebius (NBIS +4.20%) and CoreWeave (CRWV +4.50%) are shaping the future of artificial intelligence (AI) infrastructure with explosive revenue growth and massive expansion. Nebius benefits from rising margins and a transformative Microsoft deal, while CoreWeave's scale and long-term contracts position it for a major rebound once delays ease.