Buying shares of Nvidia or other semiconductor and Big Tech stocks is just one way to play the artificial intelligence theme. There’s a cheaper way to play it, Sean Peche of Ranmore Fund Management told CNBC Pro Talks last week. “Most investors… Article Source https://www.cnbc.com/2024/10/11/how-to-play-ai-without-owning-chip-stocks-like-nvidia-fund-manager.html
Warren Buffett, known for avoiding tech stocks, doesn’t own Nvidia but has indirectly benefited from its gains through Berkshire Hathaway’s holdings in S&P 500 ETFs. Despite having relatively small positions in these ETFs, Berkshire has seen gains as Nvidia’s stock soared. Additionally, the rise of major cloud service providers like Amazon, Microsoft, and Alphabet, who … Read more
Warren Buffett typically steers clear of tech stocks, including Nvidia (NASDAQ: NVDA). However, through Berkshire Hathaway’s investment in two S&P 500 ETFs, Buffett has indirectly profited from Nvidia’s success. Berkshire initiated positions in the SPDR S&P 500 ETF Trust and the Vanguard S&P 500 ETF in late 2019, holding small positions in both. Although Nvidia … Read more
Club holding Broadcom ‘s (AVGO) investment prospects look bright – with or without cloud software maker VMWare (VMW) under its corporate roof. For now, though, the companies remain apart after Broadcom’s planned $61 billion takeover of VMWare did not close Monday, as previously scheduled. The hold-up is Chinese antitrust regulators, who have yet to bless … Read more