Billionaires Shift Investments from Nvidia to Amazon Amid AI Boom

Despite Nvidia's stock split and strong performance, top investors are increasingly favoring Amazon for its cloud services and subscription growth.

Nvidia announced a 10-for-1 stock split, following similar moves by Walmart and Chipotle.
Eight billionaire investors sold off significant shares of Nvidia in the recent quarter.
Amazon has attracted substantial investment from billionaires, with nine major investors increasing their holdings.
Amazon's cloud service, AWS, and its subscription model are key drivers of its appeal.
Nvidia remains a leader in AI hardware but faces rising competition and regulatory challenges.