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NEBIUS Rises over 6% on GPU Cloud Price Hikes and Nasdaq-100 Inclusion Hopes

Market Focus09-24 22:18

On September 24, NEBIUS rose 6.41% in regular trading, trading at $241.13/share.

On the news front, multiple bullish catalysts continued to dominate: the company announced a roughly 20% across-the-board GPU cloud service price increase effective October 1, covering H100, H200, B200, and B300 chip models, marking the second round of price hikes this year with B300 cumulative increases reaching 56%. Expectations of Nasdaq-100 index inclusion further bolstered buying interest. Additionally, options market activity has shown bullish positioning, with large out-of-the-money put selling indicating institutional confidence in sustained elevated price levels.

Broader context includes NEBIUS's recent strategic partnership with Palantir and a $5.75 billion convertible bond issuance earmarked for data center expansion, reinforcing its growth trajectory in the AI infrastructure space.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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