Hedge fund scores $5 billion gain on Nvidia stock as AI boom rages on
A low-profile US hedge fund has probably made a $5 billion gain on Nvidia stock this year. • Jennison Associates' nearly 1% stake in the microchip maker is worth around $8.6 billion today. • Nvidia shares have surged by about 160% this year as investors bet it will profit from the AI boom. A…
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