Nvidia Has $71 Million Invested in These Smaller-Cap AI Stocks
Applied Digital (APLD) The Motley Fool·2024-11-22 09:15
Nvidia (NVDA 0.54%) is reporting tremendous demand for its graphics processing units (GPUs). It supplies these chips for gaming, data centers, automotive, and artificial intelligence (AI) researchers. All that demand is generating plenty of excess revenue for Nvidia and the company is looking for ways to put that money to good use. One way Nvidia capitalizes on these added funds is by making strategic investments in companies that help spread the adoption of its products. Nvidia's third-quarter 13F filing s ...