Could Nebius Group Stock Help You Become a Millionaire?

Company Overview - Nebius had 220 megawatts (MW) of connected data center power capacity at the end of 2025, a nearly tenfold increase from 2024, but only 100 MW of active data center power due to hardware and GPU shortages [1] - The company operates dedicated AI data centers equipped with high-end GPUs, offering full-stack AI infrastructure services, including software tools for clients to develop and deploy AI applications [4] Market Demand - The demand for AI data center power is significantly outpacing supply, with Deloitte predicting U.S. demand could grow from 4 gigawatts (GW) in 2024 to 123 GW by 2035 [3] - PwC estimates that AI could boost global economic output by up to 15 percentage points over the next decade, driving the need for AI computing power [2] Financial Performance - An investment of $1,000 in Nebius shares a year ago would now be worth over $3,200, reflecting strong revenue growth and a promising pipeline [5] - The company has a substantial contractual backlog exceeding $20 billion, indicating potential for significant revenue increases in the coming years [9] Future Capacity and Contracts - Nebius aims to increase its connected data center capacity to between 800 MW and 1,000 MW (1 GW) this year, with all new capacity already sold out due to high demand [6][7] - Major contracts include a $17.4 billion deal with Microsoft running through 2031 and a $3 billion deal with Meta Platforms, highlighting the company's growth potential [8] Growth Projections - The company is targeting a contracted power capacity of 2.5 GW for 2026, up from an earlier target of 1 GW, to address the supply gap in the market [11] - Nebius is well-positioned for long-term growth due to its accelerating revenue and the lucrative contracts that finance its data center construction [12][13]