Overview

• Nvidia disclosed new investments in WeRide, a Chinese autonomous driving startup, and Nebius Group, an AI cloud infrastructure company, boosting their stock prices significantly.
• The company reduced its stake in chip designer Arm Holdings by nearly 44%, aligning with Arm's shift toward developing its own chips.
• Nvidia exited its holdings in SoundHound AI, Serve Robotics, and Nano-X Imaging, leading to notable declines in their stock values.
• Despite recent market challenges, analysts remain optimistic about Nvidia's long-term growth, citing strong demand for its AI chips and dominance in the GPU market.
• Nvidia's upcoming earnings report on February 26 is expected to provide further insights into its performance and strategy in the evolving AI sector.