12 Stocks Most Held by Hedge Funds

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5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors: 193

NVIDIA Corporation (NASDAQ:NVDA) specializes in the design and manufacture of advanced graphics processing units (GPUs), system-on-a-chip units (SoCs), and artificial intelligence (AI) hardware. The company is known for its innovative contributions to the fields of computing and the AI revolution, particularly with the development of large language models and generative AI.

To maintain its leadership in the AI and accelerated computing market, NVIDIA Corporation (NASDAQ:NVDA) is continuously expanding its ecosystem and driving innovation. The company is investing heavily in research and development (R&D) to ensure that its products and solutions remain at the cutting edge of technology. This includes the development of new HGX GPUs, such as the B100 and B200, and the upcoming Blackwell Ultra, which will further enhance the company’s capabilities in AI and inferencing. Additionally, NVIDIA Corporation (NASDAQ:NVDA) is focusing on the integration of hardware and software, providing end-to-end solutions that optimize total cost of ownership (TCO) for its customers. The company’s software platform, which includes CUDA libraries and a wide range of applications, is essential for enterprises, helping them get started and scale their AI initiatives. NVIDIA Corporation (NASDAQ:NVDA) is also exploring new business models and potential acquisitions to further strengthen its position in the AI market.

Despite the strong demand for its products, NVIDIA Corporation (NASDAQ:NVDA) is facing supply constraints, particularly with the new Blackwell architecture. The company is working closely with its suppliers and partners to scale production and meet the growing demand. Looking ahead, the company is optimistic about future growth opportunities, including the expansion of its networking business, the development of Edge AI solutions, and the increasing demand for AI projects.

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