Should You Follow These Billionaires and Dump Nvidia Stock? 3 Questions to Consider

Semiconductor specialist Nvidia (NASDAQ: NVDA) has emerged as the face of the artificial intelligence (AI) revolution. Over the last two years, the company has gained trillions in market cap and now sits behind just Apple and Microsoft as the world's third-most valuable company.And yet, despite its meteoric rise to the top, some of the world's largest hedge funds have been selling Nvidia stock as of late. Two notable examples include Ken Griffin's Citadel reducing its stake in Nvidia by 79% last quarter and D. E. Shaw trimming its position by about half.Doesn't it seem odd that big-name investors are selling Nvidia stock on the backdrop of AI being the next big frontier?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool