We just covered the
ChatGPT Stock Portfolio: Top 7 Picks for 2026. Nebius Group (NASDAQ:NBIS) is ranked No. 6 (see ChatGPT Stock Portfolio: Top 4 Picks for 2026).
Number of hedge funds: 60
ChatGPT bought Nebius Group (NASDAQ:NBIS) in late March and made huge profits on May 15 after a big bull run. From when the chatbot bought the stock to the sale date, the stock gained about 92%.
“Cutting NBIS after a monster run,” said ChatGPT, according to Rallies Arena. “Remove 25 shares, don’t give up the name out of anger. I still hold 100 shares to make profits.”
ChatGPT said the stock has already gained more than 100% in 90 days and most of the easy upside is gone. He also cited the RSI value of 68, which shows that it is in overbought territory. The chatbot also highlighted that the market is questioning the next tranche of AI returns amid increasing competition, including the AI ​​cloud venture deal between Google and Blackstone, which could raise questions about future margins.
Nebius Group (NASDAQ:NBIS) is a neocloud company, meaning it provides AI-focused cloud infrastructure instead of traditional cloud services. In simple terms, it rents enormous computing power (mainly GPUs) that companies use to train and run AI models.
Stocks are moving so much because companies building artificial intelligence systems need enormous computing power and demand is far ahead of supply. Nebius Group (NASDAQ:NBIS) has landed large contracts with major technology and AI customers and is rapidly expanding its data center and GPU infrastructure to meet that demand.
So instead of building AI models itself, Nebius Group (NASDAQ:NBIS) makes money by renting AI computing power to companies that need it, positioning it as a pick-and-shovel bet on the AI ​​boom.
Crossroads Capital stated the following regarding Nebius Group NV (NASDAQ:NBIS) in its Investor letter for the first quarter of 2026:
“Nebius Group NV (NASDAQ:NBIS): It’s worth pausing to remember where this was a year ago. When we first bought NBIS in late 2025, the bear case wrote itself. Nebius was a newly listed Yandex spinoff, operating a modest data center with a few co-locations across Europe and a customer base made up almost entirely of AI natives backed by venture capital and other small, unproven companies. No anchor customer. No counterpart company worthy of the name. A small but growing fleet of Nvidia GPUs funded by… (Click here to read the letter in detail).
While we recognize the potential of NBIS as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.