Nvidia Just Bought These 2 Artificial Intelligence (AI) Stocks. Should You?
What's one of the best ways to turbocharge the stocks of small technology companies? Reveal significant investments in those companies by a giant technology leader.That's exactly what happened last week as Nvidia (NASDAQ: NVDA) disclosed stakes in two small artificial intelligence (AI) companies. Who are these AI companies? Why did Nvidia buy their stocks? And should you buy them, too?Nvidia's filing to the U.S. Securities and Exchange Commission (SEC) revealed ownership of over 1.19 million shares in Nebius Group (NASDAQ: NBIS) at the end of 2024. This stake shouldn't have been surprising, though. Nebius announced in December 2024 that it had entered into definitive agreements for private placement financing of $700 million. Nvidia was one of the participants in this financing. Continue reading
What's one of the best ways to turbocharge the stocks of small technology companies? Reveal significant investments in those companies by a giant technology leader.
That's exactly what happened last week as Nvidia (NASDAQ: NVDA) disclosed stakes in two small artificial intelligence (AI) companies. Who are these AI companies? Why did Nvidia buy their stocks? And should you buy them, too?
Nvidia's filing to the U.S. Securities and Exchange Commission (SEC) revealed ownership of over 1.19 million shares in Nebius Group (NASDAQ: NBIS) at the end of 2024. This stake shouldn't have been surprising, though. Nebius announced in December 2024 that it had entered into definitive agreements for private placement financing of $700 million. Nvidia was one of the participants in this financing.
