Nebius (NL) shares
Investment Thesis
NBIS presents a compelling growth play at $108.82 following the massive €10B Finland AI data center announcement, which validates the company's ability to execute on multi-gigawatt infrastructure beyond the NVIDIA partnership. The $4.3B convertible notes offering provides substantial capital runway to accelerate deployment toward the 5-gigawatt 2030 target, while the stock trades only 14.6% above NVIDIA's strategic $94.94 entry price despite transformative project announcements. Current market themes of memory chip shortages and AI infrastructure demand amplify the value proposition.
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