Nebius Group shares jumped 11% following an announcement to increase GPU cloud service prices by up to 25%, marking the second major rate hike for the company in recent months as AI infrastructure demand remains elevated.
Nebius announced price increases of up to 25% on its GPU cloud services and its shares climbed 11% premarket, signaling expected revenue growth.
Nebius raising prices on Nvidia H100 and B300 instances reflects strong AI demand but does not directly alter Nvidia's own pricing.
Nebius raised prices on AMD EPYC Genoa CPUs, indicating sustained enterprise demand for AMD server processors.
Nebius Group announced a second round of price hikes for its cloud computing services, with rates for Nvidia H100 and B300 instances climbing by 17% and 21% respectively. The company also raised prices for AMD EPYC Genoa CPUs by 25%, signaling robust demand for AI infrastructure that pushed Nebius shares higher in premarket trading.
The price increases reflect sustained high demand for artificial intelligence computing infrastructure, allowing the company to adjust rates for its GPU and CPU offerings.