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Bridgewater Associates, LP, managed by Ray Dalio, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund increased its position by 1,256,909 shares.
Recent Updates on Nvidia Corporation stock
Recent developments in Nvidia Corporation’s stock have been notably impacted by concerns regarding China’s DeepSeek potentially circumventing U.S. export controls to acquire Nvidia’s semiconductors, prompting U.S. investigations into possible third-party purchases in Singapore. Despite these issues, Morgan Stanley maintains an Overweight rating on Nvidia, viewing the current selloff as a buying opportunity with a price target of $152. The stock has experienced price fluctuations between $120.07 and $124.65, with significant profits reported from options trading. Various hedge funds have adjusted their positions, with some increasing and others reducing their holdings. The year-to-date price performance shows a slight decline, with the current market cap fluctuating between approximately $3271.1 billion and $3313.3 billion.
More about Nvidia Corporation
YTD Price Performance: 0.39%
Average Trading Volume: 244,280,272
Current Market Cap: $3400.4B
