u/Alwaysfavoriteasian

The author argues Boost Run is 'Nebius 2.0', a GPU-cloud company that buys NVIDIA GPUs, places them in data centers, and rents compute to AI companies, with revenue up 270% YoY to $31.1M and $1.9B in long-term contracted revenue including over $1B signed in Q2. He sees the $1.44B Dell GPU purchase agreement as the machinery to fulfill those contracts, and management targets ~$400M ARR exiting 2026 with 15-20% net cash-flow margins, which he believes could drive the company toward net profitability and gains. The stock is down from all-time highs around $17/share, and he notes the main risks are that the company is not yet profitable (Q2 net loss ~$75.1M) and that he does not fully understand the technology.