Money attracts money. It's not surprising, therefore, that some of the world's wealthiest investors own positions in
Nvidia (NASDAQ: NVDA). The company is making money hand over fist thanks to the skyrocketing demand for its artificial intelligence (AI) chips.Nvidia will conduct a 10-for-1 stock split after the close of trading
on Friday, so its shares will begin trading at a much lower price
on Monday. Are billionaire investors loading up
on Nvidia stock ahead of its impending stock split?The truth is we don't know for sure if billionaires are scooping up shares of
Nvidia. The last round of regulatory disclosures -- revealing their holdings as of the end of the first quarter of 2024 -- came a few weeks ago. Unless one or more billionaire investors mention publicly they've bought
Nvidia recently, it will probably be another couple of months or so before we find out if they've added to their stakes in the graphics processing unit (GPU) maker.Continue reading
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