NVIDIA Sees Major Investment Surge as Analysts Predict Record Earnings

NVIDIA Corporation (NASDAQ:NVDA) has seen significant investment from several major investors in recent quarters. GAMMA Investing LLC, for instance, increased its stake in NVIDIA by 9.4% in Q2, bringing its holdings to approximately 5.1% of the company's total stock. The fund owned 682,255 shares worth $136,512,000 as of its most recent SEC filing.

Other notable investors also made significant changes to their positions in NVIDIA during this period. Norges Bank acquired a new stake valued at about $62,244,133,000, while J. Stern & Co. LLP increased its position by 13,709.1% and Cardano Risk Management B.V. raised its stake by 896.4%. Capital Research Global Investors also boosted its holdings in NVIDIA by 16.1%, and Laurel Wealth Advisors LLC increased its stake by 15,496.1%

UBS expects another major earnings beat for NVIDIA, reiterating a Buy rating and $280 price target. The firm forecasts that NVIDIA could exceed its fiscal second-quarter revenue outlook of $91 billion by several billion dollars as GB300 demand ramps ahead of the Vera Rubin platform.