Nvidia Gets Cold Shoulder From Over Half Of This Ultra-Rich Members Network: Report

Quick Summary:

What Happened: As per the network's second-quarter asset allocation report, 57% of Tiger 21 members have chosen not to invest in Nvidia.

Despite its dominance in the AI industry, Nvidia Corp.(NASDAQ:NVDA) is not a favored investment for over half of the members of the ultra-wealthy network, Tiger 21.

Michael Sonnenfeldt, chairman of Tiger 21, explained, “While Nvidia is the undisputed leader in AI at the moment, no company’s growth lasts forever, and ...

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Category: Technology

Markets: United States

Topics: Jensen Huang General US67066G1040 NVDA News Tech Tiger 21 Benzinga Stories That Matter Pooja Rajkumari Tech investment

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Article Type: News Report

Published On: 2024-09-04 @ 08:16:44 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © Benzinga

News ID: 22364576

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