In other words, the firm decided to take some profits. In an interview with Bloomberg, the firm's global CIO Benjamin Melman said their overweight position on Nvidia is now "far smaller" than it was before the stock's latest sharp leg higher. Investors have taken note and are trying to ride the wave higher, pouring a record $8.5 billion into AI tech funds last week alone.īut how much is too much? Based on a couple of recent developments in the Nvidia investor community, owners of the stock seem to think it's time to pump the brakes and trim holdings.Įdmond de Rothschild Asset Management is one recent high-profile example. It's been the clear winner of the AI boom so far, one that's also seen shares of Meta more than double as Microsoft and Alphabet have climbed roughly 40% apiece. Chocolatey, Ninite and Pip are perhaps the most popular package managers, but there are others like Just-Install. The stock is up an eye-watering 172% this year, having spiked 30% in just the last week or so. Updated Software, Windows software 9 Listen to article Using package installers is an efficient way to download programs without having to visit each site manually, downloading the files, and running the installer. Even Nvidia's staunchest bulls surely couldn't have predicted its surge into the $1 trillion market cap stratosphere.
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