Billionaires are dumping Nvidia stock to buy this Index Fund
NVDANvidia(NVDA) Finbold·2024-09-24 19:17

Nvidia (NASDAQ: NVDA) has been the darling of Wall Street, particularly within the AI space, and for good reason. Thanks to its stranglehold on the AI chip market, where Nvidia holds a near-monopoly on the hardware needed to power artificial intelligence models, its shares are up 141.35% year-to-date, now trading at $116.26. However, recent softness—a decline of 7.98% over the past month—has raised some eyebrows among analysts and investors. NVDA 1-month stock price chart. Source: FinboldWhile Nvidia contin ...