$NBIS (+0 %) The Vineland Planning Board has approved DataOne/Nebius’ Phase 2 amended site plan. This is the site being built to deliver AI infrastructure for Nebius’ ~$17B Microsoft contract. 300MW-scale campus. Phase 2 expansion approved. On-site Bloom Energy power infrastructure approved. One of the biggest execution risks to the Microsoft ramp just got materially de-risked.
Now Q3 and Q4 should be good, they are targeting $3.0–$3.4 billion of total revenue for FY 2026. So far they have done $981M, they need to report in Q3 anything between $950M–$1.05B then we are in a very good place going forward
