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NVIDIA Sees Increased Institutional Support Despite AI Slowdown Concerns

Guavy AI Editorial Team
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NVDA
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Naples Global Advisors LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 4.8% during the second quarter, according to its latest Form 13F filing with the SEC.

The fund owned 80,898 shares of the computer hardware maker's stock after purchasing an additional 3,709 shares during the period.

NVIDIA comprises about 1.0% of Naples Global Advisors LLC's investment portfolio, making it the company's 17th biggest holding.

The fund's holdings in NVIDIA were worth $16,187,000 at the end of the most recent reporting period.

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