From Nasdaq: 2025-06-17 09:44:00

Nebius Group N.V. (NBIS) is a rising player in the AI-infrastructure market, focusing on GPU cloud platforms. Amazon (AMZN) dominates with Amazon Web Services (AWS), leading in AI cloud integration. Spending on AI infrastructure is projected to exceed $200 billion by 2028, benefiting both companies but with different strengths and growth potential.

Nebius is aggressively expanding its AI infrastructure, with plans to invest $2 billion by 2025. It aims to build a global footprint, enhance technical capabilities, and increase customer retention through reliability and reduced downtime. The company is confident in achieving its revenue goals, despite facing competition and profitability challenges.

Amazon’s AWS platform continues to show strong growth, with revenues up 17% year-over-year in the first quarter of 2025. The company is investing heavily in AI infrastructure expansion, custom silicon development, and new AI model offerings. Despite capacity constraints and competition, Amazon remains a dominant force in the AI cloud space.

In terms of stock performance, NBIS has seen a significant 25.5% increase, while AMZN has gained 2.9%. Both companies are considered overvalued, with NBIS trading at a lower Price/Book ratio than AMZN. Analyst estimates show downward revisions for NBIS and marginal upward revisions for AMZN, with both companies currently holding a Zacks Rank #3 (Hold).

Investors seeking an AI infrastructure stock with long-term growth potential may find Amazon to be a better pick, given its dominant position, strong financials, and strategic investments in AI infrastructure. However, both NBIS and AMZN offer opportunities for investors looking to capitalize on the growing AI market.



Read more at Nasdaq: NBIS vs. AMZN: Which AI-Infra Stock Seems a Better Pick at the Moment?