Artificial intelligence chipmaker Nvidia (NVDA) disclosed in a regulatory filing Friday that it sold off three tech stocks and added stakes in two others in the fourth quarter. Nvidia stock rose on Friday.
In its form 13F-HR with the U.S. Securities and Exchange Commission, Nvidia revealed that it had sold its stakes in Nano-X Imaging (NNOX), Serve Robotics (SERV) and SoundHound AI (SOUN). It also trimmed its position in Arm Holdings (ARM).
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Nvidia said it added new stakes in Nebius Group (NBIS) and WeRide (WRD).
Meanwhile, it maintained its investments in Applied Digital (APLD) and Recursion Pharmaceuticals (RXRX).
On the stock market today, Nvidia stock rose 2.6% to close at 138.85.
WeRide, Nebius Shares Surge
Shares of China-based WeRide rocketed 83.5% to end the regular session Friday at 31.50.
WeRide, which went public on Nasdaq in October, is developing autonomous driving technology. WeRide wants to build a global robotaxi empire, the Wall Street Journal reported. The company already operates driverless vehicles in 30 cities across nine countries.
Nebius stock rose 6.7% to close at 44.49. Nebius provides AI data center infrastructure. Its core business is an AI-centric cloud platform built for intensive AI workloads.
Elsewhere on Thursday, Nano-X Imaging, also known as Nanox, saw its stock slide 11% to 6.72. Nanox is developing medical imaging technologies based on advanced AI.
Serve Robotics stock tumbled 39.6% to 13.85. Serve makes autonomous sidewalk delivery robots.
SoundHound stock plunged 28.1% to 10.97. SoundHound provides voice-based conversational AI technology for automakers and for fast-food restaurant drive-thrus.
Nvidia Stock, Others On Tech Leaders List
Arm Holdings stock sank 3.2% to 159.54 on Friday. Arm is the leading supplier of semiconductor designs and intellectual property.
Applied Digital stock jumped 15.2% to 9.11. And Recursion Pharmaceuticals surged 23.9% to 10.53.
Arm, Nebius and Nvidia stock are on the IBD Tech Leaders list.
View More Nvidia Stock News And Analysis
Follow Patrick Seitz on X, formerly Twitter, at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.
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