Does Nvidia Know Something Wall Street Doesn't? The Chipmaker Just Sold 4 Popular Artificial Intelligence (AI) Stocks and Bought 2 Others.

Advances in the field of artificial intelligence (AI) over the past couple of years have come fast and furious. Arguably, one of the biggest beneficiaries of this trend is Nvidia (NASDAQ: NVDA). The company's graphics processing units (GPUs) have underpinned many of the advances in the field and have become the gold standard for AI. This has fueled unprecedented sales and profit growth for Nvidia, and every move the company makes is dissected by investors for insight into the future of the AI revolution.Late last week, Nvidia filed its 13F report with the Securities and Exchange Commission (SEC), which details the changes to its investment portfolio in the most recent quarter -- in this case, the quarter ended Dec. 31.Nvidia made some significant changes, selling out of three AI stocks, trimming one position, and adding stakes in two others. Because the company has its finger on the pulse of AI, its decisions seem to carry a lot of weight with investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool