Accurate Wealth Management Increases Stake in NVIDIA Amid Record Growth
Accurate Wealth Management LLC, a financial institution, increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 4.5% during the second quarter, according to the company's most recent disclosure with the Securities & Exchange Commission.
The fund owned 247,781 shares of the computer hardware maker's stock after acquiring an additional 10,724 shares during the quarter. NVIDIA makes up 5.0% of Accurate Wealth Management LLC's portfolio, making it the second-biggest holding in the company's portfolio.
NVIDIA's quarterly revenue reached $96.2 billion, a 106% increase from the same period last year. The company also announced guidance for fiscal Q3 revenue to be approximately $108 billion and indicated that fiscal 2028 revenue could grow about 70%, well above prior Wall Street expectations.