Generated Title: Nebius: Next Trillion-Dollar AI Play, or Just Another Overhyped Tech Stock?
Alright, let's get one thing straight right off the bat: anyone who says they know what's gonna happen with Nebius Group (NBIS) is full of it. The stock's up 211% this year? Okay, cool. CoreWeave's doing its thing too. So what? That doesn't guarantee jack squat tomorrow. We're talking about AI, people – the land of vaporware and promises that are 99% hot air.
The Hype Train is Leaving the Station...Again
So, Nebius, huh? This "neocloud hyperscaler" is supposedly gonna ride the AI wave to the freakin' moon. They're building data centers, throwing GPUs around like confetti, and raking in contracts from giants like Microsoft and Meta. Microsoft's deal alone could be worth almost $20 billion. Seriously? That's real money. But let's be real for a second.
Contracts are contracts, but actually delivering? That's another story entirely. We've seen plenty of companies promise the world and then...poof. Remember Theranos? Yeah, I do.
And Cramer calling Nebius "too speculative?" Well, he's not wrong. The whole damn AI sector is speculative. It's like the dot-com boom all over again, except this time, instead of Pets.com, we're betting on robots that might steal our jobs. Great.
Show Me the Money (and the Substance)
Okay, fine, Nebius' revenue jumped 355% in the last quarter. Impressive, I guess. But they sold out all their capacity. Big whoop. Every Tom, Dick, and Harry in the AI space is selling out everything they can get their hands on. The real question is: can they keep up? Can they actually build these data centers fast enough? Can they avoid the supply chain nightmares that are plaguing everyone else? I mean, seriously, can they?
They're planning to have 220 MW of connected data center power by the end of next year, and then magically jump to 800 MW - 1 GW by the end of 2026. Right. And I'm gonna win the lottery tomorrow. Look, I'm not saying it's impossible, but those are some seriously ambitious targets. What if the demand for AI cools off? What if some new technology makes their current infrastructure obsolete? What if...
And 54 times sales? Seriously? That's insane. Nebius stock price is priced for perfection, and we all know perfection doesn't exist, offcourse. It's like buying a used car for the price of a new one – you're just asking for trouble.
Is This the Next NVIDIA? Don't Make Me Laugh.
Look, I get it. Everyone's looking for the next NVIDIA (NVDA). Everyone wants to get rich quick. But Nebius ain't NVIDIA, not yet, anyway. NVIDIA has a massive head start, a dominant market position, and a proven track record. Nebius is still a relatively small player trying to muscle its way into a crowded field.
I'm not saying Nebius is a scam, or anything. They seem to have some real contracts and some real plans. But the AI space is littered with the corpses of companies that promised the moon and delivered nothing but dirt.
Then again, maybe I'm the crazy one here. Maybe Nebius really is the next trillion-dollar company. Maybe I'm just too cynical to see it. Maybe I should just shut up and buy as much nebius stock as I can. But I ain't gonna.
So, What's the Catch?
This all feels a little too good to be true, doesn't it? I'm not buying it. Not yet, anyway. There's a whole lotta hype and very little substance. Buyer beware.
