Nvidia has taken a 9.3% stake in Nebius Group, according to a regulatory filing that also confirms the chipmaker's $2 billion investment in the AI infrastructure company. The disclosure, made via a Schedule 13G filing with the Securities and Exchange Commission, pushed Nebius shares up as much as 4.6% in after-hours trading.
What the Schedule 13G reveals
The filing shows Nvidia holds 9.3% of Nebius Group's outstanding shares. Schedule 13G is typically used by passive investors who acquire more than 5% of a company's stock. The filing explicitly confirms the $2 billion investment that Nvidia had previously announced in Nebius, a company focused on building AI infrastructure.
Market reaction
Nebius shares surged following the news, with the stock climbing as much as 4.6% in after-hours trading. The gain reflects investor enthusiasm over Nvidia's direct involvement, given the chipmaker's dominant position in the AI hardware market. The exact share price at the close of after-hours trading was not immediately available.
The investment's context
Nvidia's $2 billion investment in Nebius is part of a broader push to expand its footprint in AI infrastructure. Nebius Group operates data centers and cloud services tailored for AI workloads. The filing confirms that Nvidia's stake is passive, meaning the company does not intend to influence management or control the business.
Neither Nvidia nor Nebius immediately responded to requests for comment on the filing.
