This AI Stock Has Soared 475%, But Here's 1 Reason It Still Isn't a Bubble

Neocloud provider Nebius Group (NASDAQ: NBIS) delivered sizzling returns on the market in the past year, rising 475% as of this writing. This stunning surge in the stock is backed by the outstanding growth in the company's revenue in recent quarters, a result of the remarkable demand for its artificial intelligence (AI) data centers.This phenomenal rally may lead investors to think that Nebius stock is in a bubble. A closer look at the company's valuation would also suggest the same. But is it really in a bubble? Let's find out.Image source: Getty ImagesContinue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool