Nvidia, the renowned AI chipmaker, has recently unveiled significant adjustments to its investment portfolio, leading to notable market reactions. In a regulatory filing dated February 14, 2025, the company disclosed the divestiture of its stakes in several firms and the acquisition of new positions in others.
Divestments:
- SoundHound AI: Nvidia sold its entire stake in SoundHound AI, a company specializing in voice-based conversational AI technology. Following this announcement, SoundHound’s stock experienced a sharp decline, dropping approximately 28% in early trading.
Read more on MarketWatch. - Serve Robotics: Known for its autonomous sidewalk delivery robots, Serve Robotics also saw Nvidia exit its investment. This move led to a significant 44% decrease in Serve’s share price.
MarketWatch coverage. - Nano-X Imaging: Nvidia divested from Nano-X Imaging, a company developing medical imaging technologies based on advanced AI. The stock responded with a decline of over 12%.
More details on Investors.com. - Arm Holdings: The company reduced its stake in British chip firm Arm Holdings by approximately 44%, retaining 1.1 million shares. This reduction contributed to a 4.4% drop in Arm’s stock price.
Full story on Barron’s.
New Investments:
- WeRide Inc.: Nvidia acquired 1.7 million shares in WeRide, a Chinese autonomous driving technology company. This disclosure led to a remarkable surge in WeRide’s stock, which skyrocketed by 96% in premarket trading.
Read more on Reuters. - Nebius Group: The company also invested in Nebius Group, an AI cloud firm, holding 1.2 million shares. Following the announcement, Nebius’s stock rose by over 12%.
More details on Investors.com.
These strategic moves reflect Nvidia’s ongoing efforts to align its investment portfolio with its core focus on artificial intelligence and autonomous technologies. The market’s response underscores the significant influence Nvidia’s investment decisions have on the valuation of technology companies within its portfolio.
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