Nebius Group shares climbed as the company hiked prices for Nvidia H100, H200, and B-series chips by up to 21%, signaling robust demand for AI compute capacity.
Nebius Group announced a ~20% price increase for on-demand Nvidia GPU services, driving its stock up as much as 11.2% on strong AI demand.
Nvidia is the key GPU supplier and holds a 9.3% stake in Nebius, benefiting from rising demand and higher prices for its AI chips.
Nebius Group shares surged after the cloud provider announced a 20% price increase for on-demand Nvidia GPU services. The move underscores relentless AI infrastructure demand, with the company leveraging its status as a key Nvidia partner to scale operations.
The stock rose following the company's announcement of a 20% price increase for its on-demand Nvidia GPU services, signaling strong demand for its AI cloud infrastructure.