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Fisher Asset Management Trims Nvidia Stake by 1.6M Shares
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Fisher Asset Management Trims Nvidia Stake by 1.6M Shares

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Fisher Asset Management LLC, managed by Ken Fisher, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund reduced its position by 1,618,672 shares.

Recent Updates on Nvidia Corporation stock

Recent developments regarding Nvidia Corporation (NVDA) include U.S. officials investigating whether China’s DeepSeek acquired Nvidia semiconductors through Singapore to circumvent restrictions on AI chip sales. Despite concerns about export controls and long-term risks, Morgan Stanley remains optimistic about Nvidia, noting firming near-term checks for products like Hopper and Blackwell. The recent selloff related to DeepSeek is viewed as a buying opportunity, with Nvidia maintained as a ‘Top Pick’ and an Overweight rating with a $152 price target. Nvidia’s stock experienced notable trading activity, with profitable options trades reflecting both declines and rebounds in share prices.

More about Nvidia Corporation

YTD Price Performance: -3.98%

Average Trading Volume: 245,668,794

Current Market Cap: $3271.1B

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