🚀 Fever for the infrastructure of
#IA !
#WhiteFiber y
#Nebius v fly on
#WallStreet powered by record earnings
Investors’ appetite for the physical infrastructure of Artificial Intelligence shows no signs of slowing down. Despite sustaining net operating losses and maintaining high capital expenditures (CapEx), shares of WhiteFiber (WYFI) and Nebius Group
#NBIS surged sharply after publishing their second-quarter financial statements. The market focused on explosive revenue growth and the massive expansion of data center contracts, over the current red ink figures.
📊 Key Metrics of the Quarter
WhiteFiber (WYFI): +31.40%
Revenue: Increased by 54%, reaching $28.8 million.
Catalyst: Billing began at its flagship NC-1 data center in North Carolina, with 40 megawatts (MW) contracted and projected capacity to scale up to 300 MW.
Nebius Group (NBIS): +22.99%
Revenue: Jumped an impressive 454%, rising to $582.3 million.
Operating profitability: Reported an adjusted EBITDA of $236.2 million, showing strong traction in its AI-focused cloud platform.
$NBISB $NBIS $QQQB