Nvidia Sold Its Stakes in These Firms. The Stocks Are Sliding.

Core Insights - Nvidia has sold its stakes in several AI-focused firms, leading to a decline in their stock prices [1] - The company has added new investments in Intel, Nokia, and Synopsys, while maintaining its holdings in CoreWeave and Nebius Group [1] Nvidia's Stake Sales - Nvidia's divestment included shares in Applied Digital, Recursion Pharmaceuticals, and WeRide, with their stock prices dropping by nearly 10%, 14%, and close to 4% respectively [1] - The regulatory filing did not provide reasons for Nvidia's sales, and the company declined to comment on the changes [1] Impact on Market Confidence - The exit from these stakes may undermine investor confidence in the affected companies, which previously benefited from Nvidia's support [1] - Nvidia's own stock rose about 2%, recovering from earlier losses attributed to concerns over an AI bubble [1] New Investments - Nvidia has increased its positions in Intel, Synopsys, and Nokia, with Synopsys shares rising about 6% and Nokia shares increasing by 2% [1] - The investment in Intel follows Nvidia's announcement of a multibillion-dollar partnership, with ongoing speculation about a potential foundry deal [1] Holdings Maintenance - Nvidia has kept its investments in AI cloud infrastructure providers CoreWeave and Nebius Group unchanged, with both companies' shares climbing close to 5% [1]