Reported 8 months ago
NVIDIA became the world's largest company in terms of market value, causing its overseas US stock funds to soar. The performance of these funds exceeded 33% in the past year, with the top performers reaching up to 40%. Funds like PGIM Jennison US Growth Fund and Franklin Technology Fund have the highest holdings of NVIDIA, around 9.1% to 11.8%. Analysts believe NVIDIA's leading position in the AI industry and upcoming product releases will drive further growth. With market trends shifting towards cloud and digital transformation, investments in AI and digitalization are gaining favor among investors, pointing towards sustained growth potential for the US stock market.
Source: YAHOO