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Nebius shares jump 13% after Nvidia reveals 9.3% stake, deepening AI partnership.

Market News
21 Jul 2026
Proactive Investors
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Bullish
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Shares of Nebius Group NV surged over 13% following Nvidia's disclosure of a 9.3% passive stake in the company, representing 22.26 million shares. This stake includes Nvidia's existing shares and a $2 billion prefunded warrant. Nvidia and Nebius collaborate on AI infrastructure, fleet management, and AI factory support, with Nvidia's stake signaling a strategic endorsement and preferred partner status. This move highlights Nebius as a key player in Europe's AI compute infrastructure amid rising industry investment.

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