Nvidia Discloses 9.3% Stake in Nebius, Stock Rises
Nvidia disclosed on Tuesday in an SEC filing that it holds a 9.3% stake in Dutch neocloud provider Nebius. The announcement led to a rise in Nebius's stock in premarket trading.
Nebius shares rose in premarket trading on Tuesday after semiconductor giant Nvidia revealed in an SEC filing that it owns a 9.3% stake in the Amsterdam-based neocloud company.
The disclosure prompted an increase in Nebius's stock value. The company has significantly benefited from the artificial intelligence boom, with its stock gaining nearly 250% over the past 12 months. As of Tuesday morning, the company's market capitalization stood at $46 billion.
Nebius is recognized as one of Europe's leading cloud providers specializing in AI compute. The company has entered into multiple agreements with technology giants in 2026, coinciding with substantial investments in AI infrastructure.
Nvidia has been increasing its stakes in promising AI companies in recent years. Earlier this year, Nvidia announced a $2 billion investment in Nebius and plans for collaboration on AI infrastructure deployment and design.