5 Best Artificial Intelligence (AI) Stocks To Buy According to Hedge Funds

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors In Q1 2023: 132

NVIDIA Corporation (NASDAQ:NVDA) is a graphics processing unit designer and seller. Its products sit at the heart of the ongoing artificial intelligence revolution, as they enable firms to train and deploy their AI models. NVIDIA’s GPUs rose to prominence earlier this year when it was revealed that they had powered Chat GPT.

132 of the 943 hedge funds part of Insider Monkey’s database had invested in the company during 2023’s March quarter. NVIDIA Corporation (NASDAQ:NVDA)’s largest shareholder is Ken Fisher’s Fisher Asset Management with a $2.7 billion stake.

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