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Kristina Partsinevelos: Nebius rises after SEC filing shows Nvidia 9.3 percent stake

Kristina Partsinevelos: Nebius rises after SEC filing shows Nvidia 9.3 percent stake
Nebius up on Nvidia 9.3 percent stake

Kristina Partsinevelos reports that Nebius shares are gaining in premarket trading after a regulatory filing disclosed that Nvidia holds a 9.3 percent passive stake in the company.

However, this is not new information. The filing includes Nvidia's previously announced $2 billion investment as well as shares it already owned. The cited 9.3 percent is not directly comparable to the approximately 8.3 percent reported in March.

Kristina Partsinevelos recently covered SK Hynix's decision to reduce its Nasdaq listing target to about $28 billion, the second largest share sale on record, in a previous report. She also reported that a record quarter for Samsung affected global chip stocks and influenced expectations ahead of SK Hynix's planned U.S. listing earlier this year. These developments reflect ongoing interest in major technology names across exchanges.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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