Nebius has been selected to establish and operate Israel’s supercomputer system, showcasing its advanced AI technology. Despite its high valuation, the company’s revenue grew 39% in Q3, reaching $146.1 million. Nebius has secured significant deals with Microsoft and Meta, with revenue surpassing $363.3 million in the last year. However, AI infrastructure stocks, including Nebius, have been struggling due to high valuations and market uncertainties. CoreWeave emerges as a safer alternative with lower valuation and strong financials, making it a better choice in the current market conditions. Investors should monitor Nebius for potential entry points in the future.

Read more at Barchart: Nebius Just Scored a Major Supercomputer Win. Should You Buy NBIS Stock Here?