Shares of Nebius climbed sharply on Tuesday after a regulatory filing revealed that Nvidia holds a significant stake in the Amsterdam-based cloud infrastructure company, underscoring the chipmaker's growing investments across the artificial intelligence ecosystem.
Nebius shares were up more than 15%, extending a rally that has seen the stock gain nearly 250% over the past 12 months. The company, which is listed on the Nasdaq, had a market capitalization of roughly $46 billion as of Tuesday morning.
