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Artificial intelligence (AI) is projected to impact global GDP by $15.7 trillion by 2030, according to PwC. Nvidia (NASDAQ: NVDA) has emerged as a major beneficiary of this trend, with its market capitalization increasing by over $3 trillion in less than two years.
While most billionaire fund managers have sold shares of Nvidia, Tiger Global Management’s Chase Coleman has increased his stake from 9.68 million shares at the end of 2023 to 10.97 million shares by the end of March 2025. Factors influencing his decision include Nvidia’s dominant GPU market position, ongoing supply constraints leading to price premiums, and CEO Jensen Huang’s ambitious chip innovation timeline.
In contrast, prominent investors like Stanley Druckenmiller and David Tepper have sold off significant portions of their Nvidia holdings, pointing to possible profit-taking amid concerns over rising competition and potential market corrections in AI investments.
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