10 Stocks That Members of Congress Own

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) is a global leader in graphics processing units (GPUs) and AI technologies. It designs and manufactures GPUs for gaming, professional visualization, data centers, and automotive markets, as well as system-on-a-chip units (SoCs) for mobile devices. The company’s GeForce GPUs are popular in gaming, while its Tesla and A100 GPUs power AI, machine learning, and high-performance computing applications. The company also develops software platforms such as CUDA and NVIDIA Deep Learning AI to enable innovation in various industries. The US-based company ranked second on our recent list of 10 Hot AI Stocks to Buy Now.

NVIDIA Corporation (NASDAQ:NVDA) experienced robust growth in Q4, with data center revenue rising 18% sequentially, driven by strong sales of its Hopper architecture. The company also launched its Blackwell platform, generating an impressive $11 billion in initial revenue, reflecting solid customer demand and efficient supply chain execution. Increasing demand for post-training and model conditioning – areas requiring significantly more computational power than pretraining – is driving substantial growth, as reasoning models gain importance in next-generation software solutions. NVDA continues to hold a competitive edge in networking, with anticipated growth in both the InfiniBand and Ethernet segments, as cluster sizes expand to require up to 100,000 GPUs.

Software and services are another area of promising expansion for NVIDIA Corporation (NASDAQ:NVDA), with enterprise adoption of NVIDIA AIE and NIMs propelling bookings to a $2 billion run rate. While concerns about competition from custom silicon persist, the company highlights the advanced complexity of its systems, which delivers superior performance and total cost of ownership benefits, keeping most customers reliant on NVDA solutions. Looking ahead, management foresees significant opportunities, pointing to a $1 trillion installed base of general-purpose computing poised for transformation to accelerated computing, alongside further advancements in AI-driven technologies. With that being said, NVDA is one of the stocks owned by the Congress.