Billionaires Buy an Artificial Intelligence (AI) Stock That a Wall Street Analyst Says Could Soar to $10 Trillion
Several of Wall Street's most successful hedge fund managers bought Nvidia stock in the second quarter.Beth Kindig, technology analyst at the I/O Fund, believes Nvidia (NVDA -0.77%) will be a $10 trillion company no later than 2030. That implies 122% upside from its current market value of $4.5 trillion. But she's not the only expert with conviction in the chipmaker. Forms 13F show several hedge fund billionaires bought Nvidia stock aggressively in the second quarter.Ken Griffin of Citadel Advisors bought 6 ...