Shay Boloor(@StockSavvyShay):One of my favorite developments from $NBIS earnings was its first capacity auction because it gave us real price discovery instead of relying on management commentary around scarcity. The auction cleared ~15% above Nebius’ previous peak Blackwell pricing and ~20% above its existing pipeline as multiple buyers competed for limited GPU capacity. That effectively created a small spot market for AI compute and confirmed that immediate capacity is worth materially more than Nebius existing contracts suggest.

2026.08.12 19:32

One of my favorite developments from $NBIS earnings was its first capacity auction because it gave us real price discovery instead of relying on management commentary around scarcity. The auction cleared ~15% above Nebius’ previous peak Blackwell pricing and ~20% above its existing pipeline as multiple buyers competed for limited GPU capacity. That effectively created a small spot market for AI compute and confirmed that immediate capacity is worth materially more than Nebius existing contracts suggest.