Wall Street recently discovered through Securities and Exchange Commission filings that artificial intelligence (AI) chipmaker Nvidia (NVDA 2.63%) reshuffled its tech portfolio, selling out of last-mile delivery pioneer Serve Robotics (SERV -39.57%) and AI voice leader SoundHound AI (SOUN -28.10%).
As the preeminent force in AI hardware, Nvidia’s investment moves often signal broader market trends. Not surprisingly, both stocks tumbled on the news:
SERV data…
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