Veytics Intelligence
2026-09-17 · NASDAQ

Why Nvidia-Backed Nebius Group Stock Skyrocketed Thursday Morning

Key Points Nebius will raise prices for its on-demand GPU compute by roughly 20% beginning next month. The company is racing to meet the unprecedented demand. Nebius is pricey, but that premium is backed by triple-digit growth. 10 stocks we like better than Nebius Group › Nebius Group (NASDAQ: NBIS) stock surged sharply higher Thursday morning, gaining as much as 11.2%. As of 2:27 p.m. ET, the stock had given back most of those gains, but was still up 2.1%. The catalyst that sent the artificial intelligence (AI) and neocloud specialist higher was a report that the company is raising some prices. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005.

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