Workflow
Small AI Companies Soar After Chip Giant Reveals Stake
ARMArm plc(ARM) Zacks Investment Research·2024-02-15 19:21

Several firms saw their shares soar on Thursday morning after chip leader Nvidia disclosed investments yesterday evening. In its first-ever 13F filing with the SEC, Nvidia – a leader in the AI space – provided investors with more evidence of its long-term growth plan.Nvidia (NVDA) has witnessed its own stock soar to new heights, rewarding investors with a 550% return since the depths of the 2022 bear market. With this latest rally, Nvidia has surpassed both Alphabet and Amazon in market capitalization, beco ...