Veteran tech investor, Bloomberg, has decided to reduce their stake in Nvidia due to perceived business risks. The decision was made after careful consideration of various factors that could impact the company’s future performance. This move comes as a surprise to many, as Nvidia has been a prominent player in the tech industry for years and has seen significant growth in recent times. However, Bloomberg’s decision highlights their concerns about potential challenges that Nvidia may face in the future. This news is likely to have a significant impact on Nvidia’s stock price and could potentially influence other investors’ decisions as well.
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https://www.bloomberg.com/news/articles/2024-06-21/nvidia-stake-trimmed-by-veteran-tech-investor-on-business-risks?srnd=infotech
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