Nebius gains after Nvidia discloses 9.3% stake

Nebius (NBIS) shares rose 2.5% in extended trading Monday after the company disclosed that Nvidia (NVDA) holds a 9.3% stake in the neocloud computing firm.

The stake includes Nvidia's previously announced $2 billion investment, which represented 1.19 million shares. The disclosure signals deepening ties between the two companies as Nebius builds out its AI cloud infrastructure.

Nebius operates data centers focused on GPU-intensive workloads, positioning it to serve AI startups and enterprises that need compute capacity beyond what the major cloud providers offer. Nvidia's investment gives it exposure to that demand channel while providing Nebius with capital and a strategic partner.

NBIS shares closed the regular session at $27.40 before the after-hours move. The stock has gained roughly 15% over the past month.

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