Nebius-Microsoft $17.4B Deal Lifts AI Mining Stocks in Pre-Market Trading

Nebius Group (NBIS) shares soared 47% in pre-market trading after the company said it signed an agreement to supply Microsoft (MSFT) with graphic processing units (GPUs) in a deal Reuters valued at $17.4 billion over five years.

The contract is worth more than the Amsterdam-based company's…

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