Shares of Nebius Group (NASDAQ: NBIS) surged 99.7% in the first half of 2025 after the company, a restructured version of the Russian tech firm Yandex, pivoted to AI in Europe following its 2022 asset divestment and relocation to Amsterdam. With a start-up profile featuring ample cash and developing assets, Nebius is gaining optimism as a potential major player in the AI sector.
Explain It To Me Like I’m 5: Shares of Nebius Group, a new tech company from the old Russian Yandex, grew nearly double in value in the first half of 2025 as it started to build a super smart computer cloud in Europe.
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