Nvidia(US:NVDA) Yahoo Financeยท2025-09-23 12:34Core Viewpoint - The Alger Spectra Fund's second-quarter 2025 investor letter highlights a significant rebound in equities, with the fund's Class A shares outperforming the Russell 3000 Growth Index, particularly emphasizing the performance of NVIDIA Corporation [1] Company Performance - NVIDIA Corporation (NASDAQ:NVDA) reported a one-month return of 1.01% and a remarkable 51.91% increase in share value over the last 52 weeks, closing at $183.61 per share with a market capitalization of $4.47 trillion on September 22, 2025 [2] - The company experienced a 69% year-over-year growth in total revenues, driven by a 73% increase in data center sales, which now account for 89% of NVIDIA's revenue [3] Product and Market Position - NVIDIA is recognized as a leading supplier of graphics processing units (GPUs) across various markets, including gaming, PCs, data centers, and AI, positioning itself as essential for AI adoption [3] - The transition to Blackwell (GB-200) chips has been significant, generating 70% of data center revenue, with the upcoming Blackwell Ultra (GB-300) expected to enhance performance by offering 50% more high-bandwidth memory and up to 50% faster inference performance [3] Investment Interest - NVIDIA Corporation ranks 5th among the 30 most popular stocks among hedge funds, with 235 hedge fund portfolios holding its shares at the end of the second quarter, an increase from 212 in the previous quarter [4] - The company reported $46.7 billion in revenues for the second quarter of fiscal 2026, exceeding expectations, indicating strong investor interest and confidence in its growth potential [4]