30 Best AI Stocks to Buy According to Billionaires

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5. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 223 

Number of Billionaire Investors: 29

Value of Billionaire Holdings: $33 Billion 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. As US President Trump weighs further tariffs on products coming into the US from trade rivals like China, a Financial Times report has quoted Jensen Huang, the CEO of NVIDIA, as saying that his firm will spend hundreds of billions of dollars on chips and other electronics manufactured in the US over the next four years. The announcement follows multibillion-dollar US investment plans announced by other technology companies, including Apple. Huang added that the leading artificial intelligence chipmaker was now able to manufacture its latest systems in the US through suppliers such as Taiwan Semiconductor Manufacturing Company and Foxconn, and that he saw a growing competitive threat from Huawei in China.

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