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Stock impact report

Projected AI Infrastructure Demand Bodes Well for Nebius Group N.V. (NBIS) [Yahoo! Finance]

Nebius Group N.V. - Class A Ordinary Shares (NBIS) 
Company Research Source: Yahoo! Finance
On April 13, BofA analyst Tal Liani increased the price target on Nebius Group N.V. (NASDAQ:NBIS) from $150 to $175, while maintaining a Buy rating on the stock. The analyst reflected on the company's new contracts with CoreWeave, which reinforced his positive view on future demand for AI infrastructure. Copyright: kgtoh / 123RF Stock Photo Liani also cited the size and form of contracts between hyperscalers and the capacity increase at the new data center facilities in Finland and Alabama. These factors support the company's position as a key player in the AI infrastructure market, making it one of the top picks within the high-performance computing space. On April 9, Nebius Group N.V. (NASDAQ:NBIS) revealed that the company is currently in active negotiations to acquire the Israeli artificial intelligence organization, AI21 Labs. This possible deal comes right after Nvidia Corp. (NASDAQ:NVDA) withdrew from earlier acquisition talks. Sources suggest that AI21 Labs is activel Show less Read more
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