Brief TMT & Internet: Primer: Nebius Group (NBIS US) - Oct 2025 and more
In this briefing: Primer: Nebius Group (NBIS US) - Oct 2025 Taiwan Tech Weekly: Why Many Tech Companies Could Soon See Their Chip Costs Rise Substantially Datatec Excellent progress made in H126 Tekscend Photomask IPO: Forecast and Valuation Primer: Onward Technologies (ONT IN) - Oct 2025 1. Primer: Nebius Group (NBIS US) - Oct 2025 Nebius Group is rapidly emerging as a key player in the high-growth AI infrastructure market, specializing in GPU-as-a-Service. The company is strategically positioned to capitalize on the surging demand for AI compute capacity. A landmark multi-year, multi-billion dollar contract with Microsoft validates Nebius' capabilities and significantly de-risks its near-term revenue trajectory. Management is guiding for a revenue run-rate of $750 million to $1 billion by the end of 2025. Significant execution risks remain, including managing immense capital expenditures, navigating power and supply chain constraints, and fending off intense competition from established hyperscalers and other specialized cloud providers.