VGT - What's Going On With Nvidia Stock On Tuesday? | Benzinga
Artificial intelligence chip stock Nvidia Corp (NASDAQ:NVDA) saw a continued rally in 2024 as the AI frenzy is in no mood to slow down. The stock surged 167% year-to-date.
Tech investor James Anderson expects Nvidia to reach a market cap of $50 trillion within the next ten years.
However, in the second quarter, Nvidia saw DNB Asset Management make significant adjustments to its U.S.-traded big tech holdings.
DNB trimmed its holdings of Nvidia, despite the stock’s strong performance, while increasing its positions in Apple Inc (NASDAQ:AAPL) and ...