75% of Nvidia's $63 Billion Investment Portfolio Has Been Put to Work in Just 2 Game-Changing AI Stocks
Two timely investments over the last year have significantly appreciated in value.
Overview
When most investors hear the Nvidia (NASDAQ: NVDA) name, they think of Wall Street's largest public company and the backbone of the artificial intelligence (AI) data center build-out. Nvidia's graphics processing units (GPUs) hold a virtual monopoly in AI-accelerated data centers and sport compute advantages over external competitors.
But Nvidia is also a prominent investor, closing out the June-ended quarter with $63.4 billion in assets under management. Thanks to two very timely investments over the last year, AI titans Intel (NASDAQ: INTC) and Space Exploration Technologies (SpaceX) (NASDAQ: SPCX) collectively make up 75% of Nvidia's investment portfolio.
Image source: Getty Images.
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Originally published at www.fool.com.