Avoiding Nvidia Causes Fundsmith Equity To Lag Behind Benchmark In First Half

Quick Summary:

Nvidia Corp (NASDAQ:NVDA) has been the subject of significant debate among investment managers, as highlighted by Terry Smith’s recent comments on his decision to avoid the tech giant.

Smith’s global fund, Fundsmith Equity, lagged behind its benchmark in the first half of the year, missing out on the semiconductor manufacturer’s stock surge, the Financial Times reports.

Also Read: Analysts Boost Nvidia and AMD as AI Market Continues to Expand

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: US0378331005 Briefs NVDA US5949181045 AMZN Media News Benzinga Tech META Stock Battles US67066G1040 Stories That Matter Top Stories MSFT Expert Ideas AAPL US0231351067 Trading Ideas BZ Data Project

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-09 @ 17:42:07 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 263 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21556914

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