Nebius Group (NBIS) reported a massive 454% Q2 revenue surge, driven by strong AI cloud demand, leading its CEO to state they could sell all 2027 capacity today. This strong performance directly challenges Michael Burry's short position, highlighting significant demand and improved unit economics in the AI infrastructure sector.
Nebius Group (NBIS) announced a 'blockbuster' Q2 with a 454% revenue surge, significantly beating estimates, driven by its core AI cloud business. The CEO's statement about being able to sell 'entire 2027 capacity today' underscores unprecedented demand and pricing power, while also noting they are holding back capacity for premium short-term deals. This strong performance directly refutes Michael Burry's recent short position, with market strategists highlighting improved unit economics and a reduced payback period for AI cloud deals. The company also demonstrated strong profitability with a 41% adjusted EBITDA margin and significant customer prepayments covering a large portion of capital expenditures, indicating efficient capital deployment. This is a major positive catalyst for NBIS, suggesting strong short-term momentum and long-term growth potential in the AI infrastructure space, while posing a significant risk to short sellers like Burry.