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NVIDIA Corporation Sees Surge in Institutional Investor Support

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NVIDIA Corporation (NASDAQ:NVDA) has been a major player in the computer hardware market, and its popularity among institutional investors is on the rise.

Avaii Wealth Management LLC increased its holdings in NVIDIA by 197.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).

The institutional investor now owns 54,664 shares of the company's stock, making up 3.2% of Avaii Wealth Management LLC's portfolio.

NVIDIA's latest quarterly earnings data showed a revenue of $96.22 billion, beating the consensus estimate of $92.27 billion.

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