NVIDIA Reduces Stake in Arm Holdings, Buys Shares in WeRide

MT Newswires Live
02-14

NVIDIA (NVDA) has reduced its holdings in British semiconductor firm Arm Holdings by around 44%, Nvidia said in a regulatory filing Friday.

The tech firm also divested all of its stakes in medical imaging specialist Nano-X Imaging, robot maker Serve Robotics, and voice AI company SoundHound.

NVIDIA reported new holdings in Q4 2024, including almost 1.2 million shares in AI-focused company Nebius Group and about 1.7 million shares in Chinese autonomous driving tech firm WeRide.

Arm Holding's share price dropped 1.26% in premarket trading., Serve Robotics shares declined by 36.95%, SoundHound fell 24.78%, and Nano-X Imaging sunk by 9.01%, while WeRide shares rose 92.2% in premarket trading.

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