Nebius Has 40% Upside in 2026 as Global AI Data Center Shortage Worsens

Rich Duprey

Mon, June 22, 2026 astatine 10:53 AM CDT 5 min read

Quick Read

• Nebius (NBIS) grew Q1 gross 684% twelvemonth implicit twelvemonth and holds a $50 cardinal contracted backlog anchored by deals with Microsoft and Meta.

• North American information halfway vacancy has collapsed to 0.9%, with 88% of caller Dallas-Fort Worth capableness already pre-leased earlier operation completes.

• Nvidia's equity involvement gives Nebius precedence GPU access, a captious borderline implicit unreality rivals competing for scarce spot allocations.

• Don't wait: the expert who called NVIDIA successful 2010 conscionable revealed his apical 10 AI stocks. See the afloat database FREE now.

Artificial quality is creating a caller benignant of infrastructure race. While investors often absorption connected Nvidia (NASDAQ:NVDA) chips oregon the latest AI models, the existent bottleneck is progressively becoming carnal capableness -- power, land, and information centers. 

The latest planetary information halfway study from CBRE shows that request continues to outpace proviso crossed astir each large marketplace successful the world. Vacancy rates person fallen to historical lows, pricing continues to rise, and caller facilities are being leased earlier operation is complete. For investors, that creates a almighty backdrop for companies that already power large-scale AI infrastructure. 

Few companies are positioned much straight astatine the halfway of that inclination than Nebius Group (NASDAQ: NBIS).

The AI Infrastructure Crunch Is Getting Worse

According to CBRE's Q1 2026 Global Data Center Trends Report, North America remains the tightest information halfway marketplace successful the world, with wide vacancy rates falling to conscionable 0.9%.

The largest markets are efficaciously sold out:

Those numbers are cardinal due to the fact that vacancy is the industry's inventory. When disposable capableness approaches zero, customers person less options and providers summation pricing power.

Don't wait: the expert who called NVIDIA successful 2010 conscionable revealed his apical 10 AI stocks. See the afloat database FREE now.

CBRE reported that the 4 largest North American markets absorbed 2.2 gigawatts (GW) of capableness implicit the past year, a 34% summation from the anterior period. Dallas-Fort Worth offers possibly the clearest illustration of the imbalance. Of the 716.7 megawatts presently nether construction, 88% has already been pre-leased. Customers are reserving abstraction earlier the buildings are finished due to the fact that they cannot hazard waiting.

The aforesaid inclination is appearing globally. CBRE recovered mean monthly colocation pricing reached astir $403 per kilowatt successful Singapore and astir $340 to $350 successful Tokyo. Capacity is becoming a premium asset.