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Nvidia exits Arm stock, invests $21B in SpaceX, and $5B in Intel, SEC filing reveals.
Nvidia has sold its entire stake in Arm Holdings, previously valued at $178.1 million, as disclosed in a recent SEC filing. The company has also made significant investments, including a $21 billion stake in SpaceX and a $5 billion stake in Intel, highlighting its strategic focus on AI infrastructure and partnerships.
Key points
- Nvidia's SEC filing reveals complete exit from Arm stock holdings.
- Nvidia invests $21 billion in SpaceX, emphasizing AI infrastructure collaboration.
- Nvidia's $5 billion Intel investment yields nearly $25 billion profit.
Sources
AI-generated from public news sources. Not financial advice.
