Stock Track | NEBIUS Soars 5.24% After-Hours on $700M Investment from Nvidia, Targets $1B Revenue

Stock Track

Jan 30, 2025

Shares of NEBIUS, the technology and artificial intelligence company formerly known as Yandex, surged 5.24% in after-hours trading on Wednesday. The stock's rally came after the company announced it had secured a $700 million investment from chip giant Nvidia, as part of its plans to generate $1 billion in revenue.

NEBIUS, which was formerly the "Google of Russia" under the name Yandex, has been undergoing a significant transformation following Russia's invasion of Ukraine. The company has divested its Russia-based operations and is now focused on expanding its AI and technology offerings globally.

The $700 million investment from Nvidia is expected to fuel NEBIUS's growth ambitions, particularly in the areas of autonomous driving, robotics, and generative AI. The company aims to leverage Nvidia's cutting-edge hardware and software solutions to develop innovative products and services, ultimately targeting $1 billion in revenue.

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The company aims to leverage Nvidia's cutting-edge hardware and software solutions to develop innovative products and services, ultimately targeting $1 billion in revenue.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NBIS","symbol_name":"NEBIUS","start_time":0,"source_url":"","article_id":"1193331023","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193331023","pubTimestamp":1738189218,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of NEBIUS, the technology and artificial intelligence company formerly known as Yandex, surged 5.24% in after-hours trading on Wednesday. The stock's rally came after the company announced it had secured a $700 million investment from chip giant Nvidia, as part of its plans to generate $1 billion in revenue.NEBIUS, which was formerly the \"Google of Russia\" under the name Yandex, has been undergoing a significant transformation following Russia's invasion of Ukraine. The company has divest","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NBIS":"NEBIUS"},"translate_title":"Nvidia投资7亿美元，目标营收10亿美元，股价盘后飙升5.24%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NBIS":1},"content_text":"Shares of NEBIUS, the technology and artificial intelligence company formerly known as Yandex, surged 5.24% in after-hours trading on Wednesday. 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