Nebius Plans £1.7B UK Data Centers as Stock Jumps 2.6%
NBIS•Shares of Nebius rose 2.6% overnight, extending a four-day rally that has pushed the stock up 30% as traders eye a $300 milestone. The company revealed a £1.7 billion plan for three UK data centers and is hiring in Estonia after announcing 310 MW and 240 MW European sites.
1. Overnight Rally and Retail Sentiment
Nebius shares rose 2.6% overnight, marking a fourth consecutive day of gains and a 30% rise over that span as traders target a $300 price. Retail sentiment remained neutral on social platforms, with some traders warning of overheating ahead of the Federal Reserve’s upcoming rate decision.
2. UK Data Center Expansion
Last week, Nebius unveiled a £1.7 billion investment to build three data centers in the UK, part of its Europe-wide capacity drive that includes a 310 MW facility in Finland and a 240 MW site in France. These additions aim to support surging cloud demand and strengthen its position in the AI infrastructure market.
3. Major Cloud Contracts and AI Ambitions
Following a Microsoft contract secured last year, Nebius closed a $24 billion deal with Meta in March 2026, reinforcing its trajectory toward becoming a key AI hyperscaler. This pipeline of large-scale deals has driven a 217% year-to-date stock surge.
4. Hiring Signals Potential Estonia Site
A posted vacancy for a Warehouse & Logistics Specialist in Estonia has prompted speculation of an upcoming data center location. This is Nebius’s only open position in the country, suggesting early-stage planning for further European expansion.
