10 Best Stocks to Buy for the Next 6 Months

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5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 212

NVIDIA Corporation (NASDAQ:NVDA) ranks among the best stocks to buy for the next 6 months. On July 29, NVIDIA Corporation (NASDAQ:NVDA) and YTL Power International Bhd have inked a strategic collaboration deal worth RM10 billion ($2.36 billion) to use NVIDIA’s high-performance graphics processing units to build AI data centers.

According to Investment, Trade, and Industry Minister Tengju Zafrul, the agreement also calls for the creation of a sovereign large language model for Malaysia. Additionally, NVIDIA Corporation (NASDAQ:NVDA) and YTL will reportedly work with suppliers, local contractors, and technology partners to develop an AI ecosystem for the country.

Prior to this arrangement, YTL and NVIDIA Corporation (NASDAQ:NVDA) announced plans to invest $4.3 billion in supercomputer and cloud infrastructure for artificial intelligence in Malaysia back in December 2023.

NVIDIA Corporation (NASDAQ:NVDA), a world leader in networking and graphics processing, provides GPUs for the AI, gaming, HPC, and other industries. The company’s products span data centers, gaming, professional visualization, and the automotive markets.

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