On August 25, NEBIUS rose 3.28% in pre-market trading, trading at $217.92/share, with turnover of $11.17 million. The rebound comes after the stock had pulled back approximately 14% on convertible debt dilution concerns over the prior week.

On the news front, two catalysts are driving the recovery. First, NVIDIA announced that its Groq 3 LPX rack-level system has entered full production, featuring 256 Groq 3 chips targeting ultra-low-latency AI inference. The first batch of systems will be deployed at Nebius data centers, with the company planning to integrate them into its Token Factory production inference platform. Second, Nebius confirmed the closure of its $5.75 billion convertible senior notes private offering, comprising $3.45 billion in 0.50% notes due 2030 and $2.30 billion in 4.50% notes due 2034, with initial buyers exercising overallotment options in full. Net proceeds will fund data center construction and AI cloud expansion.

With the offering uncertainty eliminated and the NVIDIA partnership providing a positive catalyst, pre-market funds are showing signs of position rebuilding.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)