14 AI News That Broke The Internet This Week

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4. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 193 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. Young Liu, the CEO of tech firm Foxconn Technology, recently told reporters that the firm expects a relatively low impact from potential new tariffs from US President-elect Donald Trump due to a global manufacturing footprint. Foxconn investors are concerned about the impact of increased tariffs on Chinese goods being exported to the US. Foxconn is based in China but has large production hubs in the US and Vietnam. The firm is also building a large manufacturing facility in Mexico to make NVIDIA GB200 AI servers.

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