I've Changed My Mind on Nebius Stock. The AI Supercycle Has Room for More Than Just Hyperscalers.

Nebius Group is positioning itself as a key AI infrastructure provider beyond hyperscalers, signing major contracts including a $27 billion potential deal with Meta and a $2 billion investment from Nvidia. The company is expanding capacity in the U.S. and U.K., and shifting focus toward inference, agentic AI, and enterprise applications as the AI supercycle evolves.