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Stock impact report

Nvidia Just Bought 5 Artificial Intelligence (AI) Stocks. These 2 Stand Out the Most. [Yahoo! Finance]

NANO-X IMAGING LTD - Ordinary Shares (NNOX) 
Company Research Source: Yahoo! Finance
Nvidia's graphics processing units (GPUs) for the data center are the go-to choice for developers building, training, and deploying artificial intelligence (AI) technologies. They drove a whopping 217% increase in the company's data center revenue during fiscal 2024 (ended Jan. 31), and the momentum is expected to continue in fiscal 2025. With all that extra cash coming in, Nvidia decided to spread some of its wealth at the end of last year by investing in five other AI companies. Do the buys point to where CEO Jensen Huang thinks the next wave of value will be created? The five AI stocks Nvidia recently bought Nvidia filed its first-ever 13F with the Securities and Exchange Commission on Feb. 14, revealing it purchased five AI stocks in the fourth quarter of 2023 (ended Dec. 31): Arm Holdings (NASDAQ: ARM) , which designs processors for the world's largest semiconductor companies. Nano-X Imaging , which develops AI applications to improve the field of medical imaging. Re Show less Read more
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