AI-native cloud - vertically integrated GPU clusters and software stack optimized for training and inference.
•~$46B contracted backlog
•~$19B Microsoft deal
•~$27B Meta partnership through 2032
•$2B equity check from NVDA
backlog$46.0B
customersMSFT · META · NVDA
Analyze NBIS· interactive tools
Bubbles· capital-flow co-movement
Themes· editorial groupings
Conviction· in 4 watchlists
+78%YTD
Top correlated· 252d co-movement
0.71
0.68
Frequently asked questions
Is NBIS in CHAT?
Yes, Roundhill Generative AI & Technology ETF (CHAT) holds NBIS with 2.88% (as of 2026-05-25).
What ETFs hold NBIS?
Nebius Group N.V. (NBIS) is held by CHAT (2.88%).
What AI bubble is NBIS in?
Nebius Group N.V. (NBIS) is mapped to the AI-Capex Hyperscalers bubble on QuantAbundancia. Classifier 2026-05-07: extended tier, corr 0.34 to hyperscalers centroid (29 obs, 2nd: memory 0.342). is_primary_bubble=FALSE.
What sector is NBIS in?
Nebius Group N.V. is classified under GICS Information Technology (IT Services).