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PRIMECAP Management Co, managed by Theofanis Kolokotrones, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund increased its position by 175,600 shares.
Recent Updates on Nvidia Corporation stock
Recent developments in Nvidia Corporation (NVDA) highlight a mix of challenges and opportunities. Morgan Stanley noted concerns about export controls and long-term risks due to DeepSeek, but emphasized firm near-term prospects, maintaining Nvidia as a ‘Top Pick’ with an Overweight rating and a $152 price target. Additionally, Nvidia’s stock saw notable trading activity: a significant profit was realized from a strategic purchase of 2/7 weekly 130 puts, and another from Mar-25 120 calls, reflecting active investor interest. Meanwhile, U.S. officials are investigating whether China’s DeepSeek circumvented restrictions by acquiring Nvidia semiconductors through Singapore, amid competitive AI advancements by the Chinese startup. Despite these challenges, Nvidia’s customer demand and supply chain visibility remain robust.
More about Nvidia Corporation
YTD Price Performance: -3.98%
Average Trading Volume: 245,668,794
Current Market Cap: $3271.1B
