NBIS News & Events

Mixed options sentiment in Nebius Group NV (NBIS), with shares up $11.58, or 12.55%, near $103.84. Options volume roughly in line with average with 120k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.64. Implied volatility (IV30) dropped 9.36 near 85.68,and below the 52wk median, suggesting an expected daily move of $5.60. Put-call skew steepened, indicating increased demand for downside protection.

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.STRATEGIC PARTNERSHIP:Nvidiaand Marvellannounced a strategic partnership to connect Marvell to the Nvidia AI factory and AI-RAN ecosystem through Nvidia NVLink Fusion. The companies will also collaborate on silicon photonics technology. In addition, Nvidia has invested $2B in Marvell. The partnership builds on Nvidia NVLink Fusion, a rack-scale platform that enables customers to develop semi-custom AI infrastructure using the Nvidia NVLink ecosystem. Marvell will provide custom XPUs and NVLink Fusion-compatible scale-up networking, while Nvidia will provide the supporting technologies, including Vera CPU, ConnectX NICs, Bluefield DPUs, NVLink interconnect and Spectrum-X switches, and the rack-scale AI compute. For customers developing custom XPUs, NVLink Fusion enables a heterogeneous AI infrastructure fully compatible with Nvidia systems, allowing seamless integration with Nvidia GPU, LPU, networking and storage platforms while leveraging Nvidia's technology stack global supply chain ecosystem. The companies will also partner on telecommunication network into AI infrastructure with Nvidia Aerial AI-RAN for 5G/6G, and advance world-class networking for AI, including advanced optical interconnect solutions and silicon photonics technology.After Marvell and Nvidia announced a strategic deal that will see the latter invest $2B in Marvell to collaborate on telecom and data center AI development, Oppenheimer analyst Rick Schafer said the partnership expands Nvidia's AI ecosystem by integrating custom XPU paired with NVLink Fusion for high performance scale-up networking and views the deal as "a vote of confidence" in Marvell as a core AI partner in ASIC and connectivity. The firm, which also notes that Nvidia has been investing across the AI ecosystem recently with investments of $2B each in Synopsys, Nebius, Lumentumand Coherent, reiterates Outperform ratings on Nvidia and Marvell.Roth Capital maintained a Buy rating on Marvell with a $135 price target after the company formed a technology partnership with Nvidia. As part of the partnership, Nvidia announced a $2B equity investment in Marvell. Roth believes We believe the partnership supports "expectations of continued strong growth" at Marvell. The company is gaining traction providing core AI infrastructure to a diversifying base of hyperscale customers, the firm told investors in a research note.AI GLASSES:Meta Platformsits first prescription-optimized AI glasses in two new lightweight styles: Ray-Ban Meta Blayzer Optics and Ray-Ban Meta Scriber Optics. The company is also expanding its AI glasses selection with limited-time frame and lens colors for Ray-Ban Meta and Oakley Meta glasses. New software updates like hands-free nutrition tracking, WhatsApp summaries and recall by Meta AI, and Neural Handwriting are rolling out soon, Meta added.

After Marvell (MRVL) and Nvidia (NVDA) announced a strategic deal that will see the latter invest $2B in Marvell to collaborate on telecom and data center AI development, Oppenheimer analyst Rick Schafer said the partnership expands Nvidia's AI ecosystem by integrating custom XPU paired with NVLink Fusion for high performance scale-up networking and views the deal as "a vote of confidence" in Marvell as a core AI partner in ASIC and connectivity. The firm, which also notes that Nvidia has been investing across the AI ecosystem recently with investments of $2B each in Synopsys (SNPS), Nebius (NBIS), Lumentum (LITE) and Coherent (COHR), reiterates Outperform ratings on Nvidia and Marvell.

Nebius announced the construction of a new AI factory in the Finnish city of Lappeenranta with capacity of up to 310 MW. The first capacity from the Lappeenranta AI factory is expected to be available to customers in 2027, and it will be one of Europe's largest dedicated AI factories when fully deployed. The construction of the Lappeenranta AI factory follows Nebius's recent expansion of its first Finnish data center in Mantsala up to 75 MW, completed earlier this year. The company plans to expand further in Finland in future as it continues its global capacity build-out.