- Nvidia has made its own AI share calls
- Rally in AI shares continued after yet another earnings bonanza
Nvidia (US:NVDA) published a list of its stock holdings this week, with a few surprises in store for investors. This is not a significant portfolio, with just $1.3bn (£1bn) of its assets held in equities, but the choices do hold some lessons for investors without its firepower.
Unsurprisingly, Nvidia favours companies working in the artificial intelligence (AI) sector, the growth of which has seen its sales and earnings soar in the past year. Earlier in the week, the California-based company reported sales growth of 265 per cent year on year to $22.1bn, in the three months to January, driven by demand for its graphics processing units (GPUs), which are integral to the AI sector.