As Nvidia Discloses a 9.3% Stake in Nebius, Here’s How You Should Play NBIS Stock

For months, Nebius Group N.V. (NBIS) has been making a name for itself in the fast-growing AI infrastructure market. But this week, the company suddenly grabbed attention after a regulatory filing revealed that artificial intelligence (AI) giant Nvidia Corporation (NVDA) now holds a 9.3% stake in the neocloud provider.

While Nvidia’s $2 billion investment in Nebius was already known, the new filing showed that its beneficial ownership also includes millions of shares tied to a pre-funded warrant that becomes exercisable later this year, giving investors a clearer picture of just how significant Nvidia's commitment really is.