Nebius Group (NASDAQ: NBIS) stock surged sharply higher Thursday morning, gaining as much as 11.2%. As of 2:27 p.m. ET, the stock had given back most of those gains, but was still up 2.1%.
The catalyst that sent the artificial intelligence (AI) and neocloud specialist higher was a report that the company is raising some prices.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Nebius is one of several neocloud operators that stockpile graphics processing units (GPUs) and provide on-demand AI processing. The company announced that it will raise the price for access to on-demand Nvidia (NASDAQ: NVDA) GPUs by roughly 20%, effective Oct. 1.
H100 chips -- $4.50 per GPU hour, up 17%
#Stock #neocloud
The catalyst that sent the artificial intelligence (AI) and neocloud specialist higher was a report that the company is raising some prices.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Nebius is one of several neocloud operators that stockpile graphics processing units (GPUs) and provide on-demand AI processing. The company announced that it will raise the price for access to on-demand Nvidia (NASDAQ: NVDA) GPUs by roughly 20%, effective Oct. 1.
H100 chips -- $4.50 per GPU hour, up 17%
#Stock #neocloud
3 days ago
