US Stock Market Move | Reached an agreement with Bloom Energy to provide AI infrastructure power supply, NEBIUS (NBIS.US) soared by over 17% in early trading.

On Thursday, NEBIUS (NBIS.US) surged over 17% in early trading, with a year-to-date increase of 170%, now trading at $226.57. In terms of news, NEBIUS stated in documents submitted to the Securities and Exchange Commission that its subsidiary had signed a main fuel cell capacity agreement and related system orders with Bloom Energy on May 14. During the term of the agreement, NEBIUS will pay a monthly service fee totaling up to $2.6 billion for the purchase of capacity and power supply systems. The provided power capacity is expected to come online in three phases, guaranteeing a capacity of around 250 megawatts, with a system installation capacity of approximately 328 megawatts. Bloom Energy will be responsible for installing, operating, and maintaining the power supply system.