Reported about 9 hours ago
Impax Asset Management, led by CEO Ian Simm, has significantly increased its stake in Nvidia, seizing the opportunity from the company's recent share price drop. Simm believes that Nvidia's current valuation underestimates its potential, particularly given the rising demand for artificial intelligence technology. The firm aims to capitalize on big tech investments amidst a challenging period for green investing, indicating that Nvidia remains a critical asset in their portfolio due to its efficiency and market relevance.
Source: YAHOO