September 19, 2024

Tag: UnitedStates

Billionaires Are Selling Nvidia Stock and Buying This Supercharged AI Index Fund Instead #NewsUnitedStates
United States Finance

Billionaires Are Selling Nvidia Stock and Buying This Supercharged AI Index Fund Instead #NewsUnitedStates

CashNews.co Nvidia has been a spectacular investment in recent years. The stock has skyrocketed more than 700% since January 2023 amid excitement surrounding artificial intelligence (AI). But excitement is a double-edged sword. Numerous companies are now designing custom AI chips, and some investors are concerned Nvidia will lose market share. The following hedge fund billionaires […]

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Nvidia’s Jensen Huang crashed out of the 0 billion club after his net worth plunged by over  billion in 2 days #NewsUnitedStates
United States Finance

Nvidia’s Jensen Huang crashed out of the $100 billion club after his net worth plunged by over $11 billion in 2 days #NewsUnitedStates

CashNews.co Nvidia CEO Jensen Huang is no longer a member of a very exclusive club. Sam Yeh/AFP/Getty Images Nvidia’s Jensen Huang fell out of the $100 billion club this week. The chipmaker’s stock plunge slashed Huang’s net worth by about $11.5 billion to $93.4 billion. Huang has still become about $49 billion richer this year […]

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