Does Warren Buffett invest in Nvidia?
Warren Buffett Doesn’t Own Nvidia — But His 3 Picks Are Better. It’s tempting to look enviously at investors who own Nvidia (NVDA): The AI giant’s value just jumped to $4 trillion. But Warren Buffett can take comfort in the fact that he’s doing even better on some of his S&P 500 picks. Billionaires Are Selling Nvidia and Betting on This AI Stock That’s Climbed Nearly 300% Over the Past 3 Years.
Why are billionaires selling Nvidia stock?
Key Points. Artificial intelligence chip designer Nvidia has been popular among billionaires in recent years, and its stock has soared more than 1,000%. Now, some of these billionaires are looking to another company that’s investing significantly in AI. Statista. CAGR) of about 28. AI market. If that growth rate holds, it would take roughly nine years for Nvidia’s stock to reach $1,200 again.