Why Nebius Stock Popped Today
Shares of Nebius Group (NASDAQ: NBIS) climbed on Monday after the cloud platform supplier struck a $27 billion deal with Meta Platforms (NASDAQ: META).
Image source: Getty Images.
Nebius will supply Meta with $12 billion worth of advanced artificial intelligence (AI) infrastructure across multiple sites beginning in 2027. These facilities will feature Nvidia's powerful new Vera Rubin supercomputing platform designed for AI agents and other large-scale inference workloads.
Source Fool.com
Meta Platforms Inc. Stock
€513.70
-1.740%
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 652 € there is a positive potential of 26.92% for Meta Platforms Inc. compared to the current price of 513.7 €.
