Nebius shares jump on reported October GPU price hikes

Price ActionIndustry

โดย Seeking Alpha·

·Read original

Summary · why it matters

Nebius Group shares rose nearly 9% premarket Thursday after the AI cloud provider reportedly raised prices for several of its computing services, according to a customer communication circulated online. The company is said to increase prices for several on-demand GPU resources from Oct. 1, with the changes affecting Nvidia's H100, H200, B200, and B300 chips. The pricing update was shared by users on Reddit and X and later reported by Stocktwits. The changes also extend to CPU-only compute, with AMD EPYC Genoa CPU rates rising 25% to $0.015 per vCPU-hour from $0.012, while Genoa memory pricing will increase about 41% to $0.0045 per GiB-hour from $0.0032. The development also lifted shares of neocloud peers IREN by 5.1% premarket and CoreWeave by 6.1%.

Nebius Group N.V. ▲

CoreWeave, Inc. Class A Common Stock ▲

Impact on stocks 6

Artificial Intelligence▲ · 4 stocks

Nebius Group N.V.

▲ PositivePricingrelevance

Nebius reportedly raised prices for its on-demand GPU and CPU compute services from Oct. 1, a direct price hike on its own products.

CoreWeave, Inc. Class A Common Stock

▲ PositivePricingrelevance

Shares rose 6.1% premarket as Nebius's reported GPU price hikes lifted neocloud peers, though CoreWeave itself is only a peer mention.

Advanced Micro Devices Inc

Mentioned

NVIDIA Corporation

Mentioned

Digital Finance & Tokenization▲ · 1 stocks

▲ PositivePricingrelevance

Shares rose 5.1% premarket as Nebius's reported GPU price hikes lifted neocloud peers, though IREN itself is only a peer mention.

Climate Adaptation & Water▲ · 1 stocks

Mentioned