Investing, Stocks, Stocks to Buy

IREN vs APLD vs Nebius: The Real Winner in GPU Cloud May Surprise You

Written by: Rick Orford

Edited by: Mike Reyes

Last Updated March 18, 2026

Disclaimer

This content is not intended to provide financial advice; rather, it’s for information and entertainment purposes only.

Always consult a licensed advisor for investment decisions.

Some of the links in this article may be affiliate links. If you click on a link, the affiliate may provide compensation to this site at no cost to you, regardless if you decide to purchase something. You can read our affiliate disclosure in our privacy policy.

Finally, this article has been written, reviewed, and fact-checked. Portions of this article have been written using assistive AI tools to help with tasks like research, spell-checking, grammar, and translation. Please have a look at our editorial guidelines for more information about how we create content.

Nebius (NASDAQ:NBIS) may be leading this AI infrastructure race, but the bigger story is the conflict underneath the surface. I break down why scale, dilution, and GPU demand could reshape the upside for Nebius, IREN (NASDAQ:IREN), and Applied Digital (NASDAQ:APLD), and why this battle may be far from settled for investors chasing the next big winner.

Stock prices used were the market prices of March. 13, 2026. The video was published on March 17, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

Previous

Astera Labs Is Growing Fast, So Why Are Investors Getting Nervous?

Next

Why Palantir’s Valuation May Not Be the Red Flag Investors Think