Nvidia Is Betting Big on ARM Stock

Arm (NASDAQ:ARM) stock is up on Thursday after investors in the semiconductor company learned that graphics card company Nvidia (NASDAQ:NVDA) holds a large stake in it.A recent filing with the Securities and Exchange Commission (SEC) reveals that Nvidia holds 1,960,784 shares of ARM stock. These have a combined value of $147,343,114.It isn’t just ARM stock that Nvidia is interested in. The company also revealed stakes in Nano-X Imaging (NASDAQ:NNOX), Recursion Pharmaceuticals (NASDAQ:RXRX), SoundHound AI (N ...