US Stock Market Move | Cloud computing service providers collectively strengthened NEBIUS (NBIS.US) surged over 9%

On Monday, the sector of cloud computing service providers in the US stock market collectively strengthened. NEBIUS (NBIS.US) opened with an increase of over 9%, CoreWeave (CRWV.US) rose over 7%, Oracle Corporation (ORCL.US), Hut 8 (HUT.US), and IREN Ltd (IREN.US) all rose over 4%. On the news front, the market's continued optimistic expectations for the demand for artificial intelligence infrastructure have driven the overall warming of the cloud computing sector. NBIS and CRWV will be included in the Nasdaq 100 index, with AI driving the main line of the cloud computing industry switching from penetration rate improvement to AI workload penetration + MaaS commercialization + CAPEX conversion efficiency. Recently, several institutions have raised their mid-term growth expectations for the global cloud computing market, believing that with enterprises accelerating the transformation to AI-driven architectures, dedicated cloud computing service providers will enter a period of increased orders. In addition, NEBIUS's latest disclosure of a higher than expected Q2 compute leasing contract renewal rate, and CoreWeave's announcement of a new long-term partnership agreement with a leading AI company, further boosted confidence in the sector. Market analysis believes that the current valuations of cloud service providers are still at historically low levels, coupled with the concept of AI computing power transitioning to actual revenue, the sector has both performance and valuation double recovery potential. The Goldman Sachs Group, Inc. pointed out that as large technology companies' capital expenditures shift towards AI infrastructure, medium-sized cloud service providers with cost-effective computing power solutions may continue to gain market share.