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Benzinga
Benzinga
Business
Dylan Berman

Nebius Stock Is Rising Thursday: What's Going On?

Nebius Group

Nebius Group N.V. (NASDAQ:NBIS) shares are trading higher Thursday following reports indicating that Microsoft Corp (NASDAQ:MSFT) will get access to over 100,000 NVIDIA Corp (NASDAQ:NVDA) GB300 chips as part of its deal with the company.

What To Know: Nebius announced a multi-billion dollar agreement with Microsoft for AI infrastructure on Sept. 8, but specific details were not provided.

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