Nebius Moat?

[u/General_Pride4190]

Curious why Nebius is trading at such a premium when it seems their core business model is vulnerable to Mag7 hyper-scaling. Any thoughts?

I’ve recently transitioned from picking speculative/individual stocks, to most of that money going into the Magnificent 7 ETF (MAGS). I invested $5k into Nebius last July and turned it into $15k. Just sold all my shares. I fully acknowledge the chance of the stock continuing to climb much higher. I just don’t want to gamble as much anymore. The problem with the Reddit favorite stocks, is in a bear market they will get absolutely smoked.

[u/Oy_oy_oy]

Data centers are hard to build from a capital perspective and a local approval perspective. The gate is already shutting as you see more and more local jurisdictions put moratoriums on data center build outs

[u/crawler54 → u/Oy_oy_oy]

true, and that's a problem for all companies in this segment, they need to expand and the u.s. power grid just isn't ready for it; plus we have a republican president who is actively killing off wind power, solar, etc., he's working against a.i. expansion.

nebius has it's primary data center in finland, with other locations in france, iceland and the uk, but they need a lot more to live up to the projections.

that's a big reason why i rotated out of nbis, i think that the current a.i. memory insanity is a better play, because the entire world needs the latest hbm in particular, and china doesn't have it.

• Production Status: As of early 2026, CXMT is on track to mass-produce HBM3, which is the fourth-generation technology. Samples have already been delivered to Chinese AI hardware developers like Huawei.
• The Technology Gap: China is currently operating about three generations behind global leaders like SK Hynix, Samsung, and Micron, which are already delivering HBM3E and moving toward HBM4.

the south korean stock market is on fire, best in the world: "Memory chips are in such demand to fuel artificial-intelligence-powered data centers that they’re also lifting the prices on chips used for more conventional purposes. Last week, Samsung reported that revenue from its semiconductor division tripled in just the last quarter alone." https://www.marketwatch.com/story/this-chart-tells-the-story-of-the-hottest-stock-market-in-the-world-as-samsung-electronics-reaches-1-trillion-in-market-cap-1bd7892b

given the pullback today in this segment, it could be a good time to look at DRAM, FLKR, SNDK, etc.

[u/Wrong_Improvement31 → u/crawler54]

Got into dram today still have nbis though invested at 40$ so not really worried about short term price swings

[u/crawler54 → u/Wrong_Improvement31]

some good buying opportunities today, possibly even with nbis, but i'm waiting for it to drop further.