Nebius Group delivered strong 1Q results as accelerating AI infrastructure demand, expanding contract visibility, and rising pricing continued to support the company’s hypergrowth trajectory. 🔹 1Q revenue, adjusted EBITDA, and gross margin all exceeded consensus expectations, driven by sold-out GPU utilization and pricing strength 🔹 Management highlighted surging demand trends, including a ~3.5x Q/Q increase in pipeline generation and record customer prepayments 🔹 The recently announced $27B Meta agreement and expanding contracted power capacity significantly improve long-term visibility into future growth Management also raised capex guidance as Nebius continues investing ahead of committed 2027 demand, while maintaining expectations for ~40% full-year adjusted EBITDA margins. Read James Kisner, CFA kisner's full report for additional detail on demand trends, AI cloud economics, capacity expansion, valuation, and long-term growth outlook. $NBIS #AI# #ArtificialIntelligence# #CloudComputing# #DataCenters# #Technology# #Infrastructure# #Semiconductors# #Investing# #GrowthStocks# #WaterTowerResearch# @nebiusgroup