Jim Cramer Highlights That Nebius Keeps Getting Contracts

Core Insights - Nebius Group N.V. (NASDAQ:NBIS) is recognized for its full-stack AI infrastructure development, including GPU clusters and cloud platforms, and has established tools and services for AI development [1] - The stock has experienced a significant rally of over 308% year-to-date, despite the company reporting substantial losses [1] - Nebius recently secured a $17 billion contract to build a data center for Microsoft in Vineland, New Jersey, which has contributed to a sharp increase in its stock price from $64 to nearly $96 [1] Company Overview - Nebius Group N.V. was previously part of Yandex and has transitioned to focus on AI infrastructure, distancing itself from its controversial origins [1] - The company has developed relationships with major players in the industry, including Microsoft, which enhances its market position [1] Market Commentary - Jim Cramer highlighted Nebius as one of the key players in the AI infrastructure space, alongside IREN and CoreWeave, indicating a positive outlook for future contracts [1] - Cramer noted the potential for significant returns if investors buy during stock dips, particularly when new contracts are announced [1]