Reported about 2 months ago
Nvidia's stock has seen a notable decline as several major investors, including David Tepper's Appaloosa Management and Stanley Druckenmiller's Duquesne Family Office, have significantly reduced their shares ahead of the company’s second-quarter earnings report set for August 28. Despite this, some large funds like State Street and BlackRock are increasing their positions in Nvidia, which remains a critical player in the AI sector, despite challenges including potential delays in the launch of its new Blackwell processors.
Source: YAHOO