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Alecta Pensionsforsakring, Omsesidigt, managed by Magnus Billing, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund reduced its position by 1,135,000 shares.
Recent Updates on Nvidia Corporation stock
Recent developments regarding Nvidia Corporation (NVDA) highlight several key issues. Morgan Stanley has noted potential risks associated with DeepSeek export controls, though it maintains an ‘Overweight’ rating on Nvidia with a $152 price target, citing firm near-term checks for products like Hopper and Blackwell. Meanwhile, Nvidia’s stock experienced volatility, with a notable 61% profit on a put option as shares fell to $120.07, and a 17% profit on a call option as shares rose to $124.65. Additionally, U.S. officials are investigating whether China’s DeepSeek acquired Nvidia chips through Singapore, potentially bypassing U.S. restrictions on AI chip sales.
More about Nvidia Corporation
YTD Price Performance: -3.98%
Average Trading Volume: 245,668,794
Current Market Cap: $3271.1B
