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NVIDIA Stake Boosted by OFI Invest Asset Management

Guavy AI Editorial Team
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NVDA
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OFI Invest Asset Management increased its stake in NVIDIA Corporation (NVDA) by 14.3% during the second quarter, according to a recent SEC filing. The company's holdings in NVIDIA now make up 7.5% of OFI Invest Asset Management's portfolio.

The firm acquired an additional 475,316 shares during the period, bringing its total ownership to 3,809,430 shares. This is valued at approximately $762 million.

NVIDIA has a market capitalization of over $5.5 trillion and has seen significant growth in recent quarters. The company's revenue for the latest quarter was $96.22 billion, exceeding analyst estimates.

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