Activest Wealth Management increased its stake in NVIDIA (NVDA) by 11.1% in Q3, making it their 7th largest holding at $13.9 million. NVIDIA reported strong Q4 earnings, beating analyst estimates with significant revenue growth. The company benefits from an expanded Meta partnership and a potential investment in OpenAI, though risks include a possible post-earnings pullback and emerging competition from ASIC manufacturers.
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NVIDIA Corporation $NVDA is Activest Wealth Management's 7th Largest Position
Activest Wealth Management increased its stake in NVIDIA (NVDA) by 11.1% in Q3, making it their 7th largest holding at $13.9 million. NVIDIA reported strong Q4 earnings, beating analyst estimates with significant revenue growth. The company benefits from an expanded Meta partnership and a potential investment in OpenAI, though risks include a possible post-earnings pullback and emerging competition from ASIC manufacturers.