7 September 2026fool.com

Jensen Huang Estimates $50B–$60B Cost for 1-GW Data Centers; Nebius

SigSignificance2.25SenSentiment+6.35EnvEnvironment0.00SocSocial0.00GovGovernance0.00

At the G20 Summit, Jensen Huang estimated a 1-gigawatt data-center facility would cost $50B–$60B. The outlook is seen as supportive for Nebius, whose Q2 revenue rose 454% year over year to $582M and whose annual recurring revenue reached $3B. Nebius is targeting $7B–$9B of ARR this year, aided by capital raising and customer prepayments.

Coverage (1)

Jensen Huang Just Said a 1-Gigawatt Facility Is Worth $50 Billion to $60 Billion. Here's What That Means for Neocloud Stocks Like Nebius. (fool.com)

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