Nvidia uses firm capital to invest in publicly traded stocks.
Nvidia (NASDAQ: NVDA) , the largest company in the world by market cap, is widely known as the artificial intelligence (AI) chip king and the main pick-and-shovel play powering the AI revolution. But as such a big company that is making so much money, the company has all sorts of different operations and divisions aside from its main business.
For instance, Nvidia, which is run by CEO Jensen Huang, actually invests its own capital in publicly traded stocks, most of which seem to have to do with the company itself or the broader AI ecosystem. At the end of the second quarter, Nvidia owned six stocks collectively valued at about $4.3 billion. However, of this amount, 91% of Nvidia's portfolio is invested in just one AI infr