Nebius and Chip Giants Rally in Thin Premarket Trading

Nebius Group is up nearly 9% in thin premarket trading, leading a broader rally among AI-linked semiconductor peers like IREN and CRWV. The move follows an announcement of significant price increases for GPU and CPU compute resources, with analysts noting the stock trades at a premium valuation relative to its historical median.
New details from GN stocks/shares-surge reveal the premarket surge is driven by specific price hikes effective October 1, including a 25% increase for AMD EPYC Genoa CPUs and roughly a 41% jump in memory costs. The report also notes that despite a high price-to-sales ratio of 45.35, peers IREN and CRWV have also climbed 5.1% and 6.1% respectively on the news.
Source: GuruFocusNebius Group jumped nearly 9% before the open, leading a broad advance among AI-linked semiconductor peers.
Source: Finimize






