91% of Jensen Huang's $4.3 Billion Stock Portfolio at Nvidia Is Invested in Just 1 Artificial Intelligence (AI) Infrastructure Stock

Nvidia (NASDAQ: NVDA), the largest company in the world by market cap, is widely known as the artificial intelligence (AI) chip king and the main pick-and-shovel play powering the AI revolution. But as such a big company that is making so much money, the company has all sorts of different operations and divisions aside from its main business.For instance, Nvidia, which is run by CEO Jensen Huang, actually invests its own capital in publicly traded stocks, most of which seem to have to do with the company itself or the broader AI ecosystem. At the end of the second quarter, Nvidia owned six stocks collectively valued at about $4.3 billion. However, of this amount, 91% of Nvidia's portfolio is invested in just one AI infrastructure stock.Nvidia has long had a relationship with AI data center company CoreWeave (NASDAQ: CRWV), having been a key supplier of hardware that drives the company's business. CoreWeave builds data centers specifically tailored to meet the needs of companies looking to run AI applications.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool