Rep. Nancy Pelosi recently filed a new Congressional trading form, revealing that she purchased stakes in semiconductor giants Nvidia and Broadcom last month. She bought 10,000 shares of Nvidia and 20 call options on Broadcom with an $800 strike price and an expiration date of June 20, 2025. The stake in Nvidia is valued between $1 million and $5 million, while the stake in Broadcom is also valued between $1 million and $5 million. Both companies have seen significant growth this year, with Nvidia up 154% and Broadcom up 52% due to increased spending on artificial intelligence. Pelosi also sold 2,500 shares of Tesla and 2,000 shares of Visa, with Tesla’s shares rising following better-than-expected second-quarter results. The transactions took place between June 24 and July 1. Politics and finance often intersect, so readers are invited to join a separate political discussion.
Article Source
https://seekingalpha.com/news/4122059-nancy-pelosi-discloses-buys-of-nvidia-broadcom
Nancy Pelosi reveals purchases of Nvidia and Broadcom stocks
