NVIDIA has filed a 13F-HR report with the SEC to disclose their investments in other companies, with the following details:
– Sold all shares of Nano-X Imaging, Serve Robotics, and SoundHound AI
– Sold some shares of Arm Holdings
– Maintained the same number of shares for Applied Digital and Recursion Pharmaceuticals
– Purchased shares of Nebius Group and WeRide
The longstanding relationship between NVIDIA and Arm was highlighted when NVIDIA expressed interest in acquiring the entire business, but the deal fell through. Eventually, NVIDIA acquired Arm’s IP in a strategic partnership. WeRide is a Chinese company offering driverless car services, and following this disclosure, WeRide’s stock price surged by up to 83% in a single day.
Source: MSN
TLDR: NVIDIA disclosed their investment activities, including selling shares of some companies, buying shares in others, and entering strategic partnerships. This included a significant increase in WeRide’s stock price after the news.
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