Nvidia (NASDAQ: NVDA) is world-renowned as a leading semiconductor company. Despite stalling out and experiencing a crash in late January, on a year-to-date (YTD) basis, Nvidia stock climbed back in the green by press time on February 14 and was trading at $137.88 at the time of publication.
While the chipmaker is the dominant force in the AI GPU market, it is trading at a high valuation — and will have to sustain an enviable rate of growth to keep the stock’s price rising. This, understandably, entails a lot of R&D spending.
What many readers might not know is that Nvidia also maintains a stock portfolio — investing in prospective tech companies to secure a competitive advantage or strategic partnerships that will pay out down the line.
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It comes as little surprise that most of Nvidia’s investments in other businesses have been centered around AI — however, a recently released 13F filing shows that the Jensen Huang-led venture has significantly shaken up its holdings — exiting some positions completely while initiating new ones at the same time.
Nvidia stock portfolio adds two new holdings
The filing in question, dated February 14, shows a significant change compared to Nvidia’s latest update on its equity holdings. In total, three positions were closed entirely — with the chipmaker selling its entire stake in SoundHound AI (NASDAQ: SOUN), Serve Robotics (NASDAQ: SERV), and Nano X Imaging (NASDAQ: NNOX).
On top of that, the company cut its stake in Arm Holdings (NASDAQ: ARM) by 43.83% — whereas the previous filing detailed the ownership of 1,960,784 ARM shares, the latest one includes a position that consists of 1,101,249 Arm Holdings shares.
In the immediate aftermath of the filing becoming public, all of the aforementioned stocks, with the exception of ARM, experienced a double-digit drop in percentage terms, with SERV stock leading with a 38.44% decline.
Apart from these sales, the Nvidia stock portfolio also got two new additions — AI and data center infrastructure provider Nebius Group (NASDAQ: NBIS) and Chinese self-driving startup WeRide (NASDAQ: WRD). NBIS stock saw a 5.61% uptick on the daily chart after the news became public, while WeRide stock experienced a massive 86.43% move to the upside.
At the time of the filing, Nvidia’s stake in Nebius Group was worth roughly $32.97 million — while its stake in WeRide was valued at $24.65 million. Readers should also note that this is the first time since the first quarter of 2024 that Nvidia invested directly in a self-driving company.
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