Why Is NBIS Stock Surging Over 5% Premarket Today?

• Nvidia invested $2 billion in Nebius in March.
• Amid surging demand for cloud capacity, NBIS stock has rocketed 1,786% year to date.
• Stocktwits sentiment for NBIS remained ‘bullish.’

Shares of Nebius jumped over 5% in early premarket trading on Monday after Nvidia CEO Jensen Huang praised the company during his keynote at the Computex conference in Taipei, Taiwan.

“We worked with Nebius, and they are growing incredibly fast,” said Huang onstage, before a slide featuring Nvidia and Nebius logos at the top, separated by a heart symbol. 

The slide showcased Nebius’ cloud offerings, with Huang noting that “each one of these clouds has incredible customers,” citing companies such as Cursor, Revolut and Shopify among its users. Shares of Nvidia, which announced its first PC processors, among other updates, were up nearly 2%.

NBIS Retail View

The mentioned triggered upbeat reactions from retail users on Stocktwits, with NBIS emerging as one of the top-discussed tickers on the platform early Monday.

“$CRWV $NBIS $PLTR $NOW The big winners from Jensen’s keynote right here. Agentic ai is coming,” a trader said. Another wrote: “Ride the wave ! Who knows when it’ll end, but obviously no time soon.”

Traders also discussed ongoing speculation that Anthropic, widely viewed as the current leader in AI, could turn to Nebius for additional cloud capacity, a development that many believe would provide a significant boost to the stock. 

“If Anthropic news comes out, I am not sure how high this is going because short interest is still around 18%. They had to cover at some point sooner than later,” said a trader. 

NBIS Catalysts, Stock Move

Nebius is part of a new class of emerging neocloud companies that has attracted heightened investor interest amid booming demand for AI cloud infrastructure. The company has gained traction in recent months after securing large cloud contracts with Microsoft and Meta Platforms, as well as an equity investment from Nvidia.

In March, Nvidia announced a $2 billion investment in the company. Last week, former OpenAI researcher Leopold Aschenbrenner’s AI-focused hedge fund disclosed a 5.6% stake in the company.

Nebius stock has gained over 176% year-to-date.

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