By Manali Pradhan, CFA
Publication Date: 2026-05-23 12:30:00
Chipmaker Nvidia (NVDA 1.86%) remains the poster child of the artificial intelligence (AI) revolution, and even from its lofty perch as the world’s largest company, it has gained around 20% so far in 2026. However, another AI stock has delivered far stronger returns: Shares of Nebius (NBIS 2.34%), a fast-growing data center infrastructure player, have surged by almost 143% over the same period.
Image source: Getty Images.
Nvidia also appears confident about Nebius’ growth prospects. In March 2026, it announced a strategic partnership and agreed to invest $2 billion in Nebius for an approximately 8.3% ownership stake in the company. Under this partnership, Nvidia will provide the AI processors that will allow Nebius to deploy more than 5 gigawatts of data center capacity by 2030.
Robust financials
Nebius is focused on building data center infrastructure that’s optimized for AI training, inference (running AI models in real time), and emerging agentic AI workloads (in which AI systems autonomously perform multistep tasks).
Today’s Change
(-2.34%) $-5.15
Current Price
$214.78
Key Data Points
Market Cap
$54B
Day’s Range
$210.81 – $221.84
52wk Range
$34.72 – $233.73
Volume
324.8K
Avg Vol
17M
Gross Margin
7.48%
The company’s most recent financial report highlights its business momentum. In the first quarter, revenues surged 684% year over year to $399 million. Nebius’ AI business performed even better, with revenue growing by 841% year over year to $390 million, accounting for 98% of total…
