The analysis reviews Nebius Group N.V. (NBIS), a data center and AI workload provider. The company buys GPUs from Nvidia, creates AI workloads, and leases them to smaller companies. The company is known for power efficiency. The group revenue is $105.1 million, with 106% revenue growth quarter-on-quarter and 625% year-on-year. Cash reserves are at $1.68 billion with nearly no debt. However, the video points out a loss from operations is about the same this period as last, not decreasing. The H100 GPU price is $2.00 per hour, The H200 at $2.30. The company is implementing a 20% buyback program over the next 18 months. A Yahoo Finance analysis notes that a 80% use of an H100GPU brings in $1.76 per hour, that with variable costs of $0.32, and $1.14 depreciation, that results in $0.30 per hour. Over a year a GPU generates around 15,400 dollars in revenue. The point the video makes is at the 2.2 dollars per hour, the company needs 2.5 years to make a profit from the GPU, so they must get a lower price for it, or otherwise it would be a loss. The analysis states, 8.5 billion of revenue can be expected in 2029, with the stock trading at 10 times sales resulting in $85 billion market cap. The presenter sets a stock target of $354 for Nebius.