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

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In this article, we will take a glance at the five best artificial intelligence (AI) stocks to acquire according to hedge funds. For more top AI stocks, head on over to 12 Best Artificial Intelligence (AI) Stocks To Buy According to Hedge Funds.

  1. NVIDIA Corporation (Nasdaq:NVDA)

Number of Hedge Fund Investors In Q2 2023: 178

NVIDIA Corporation (Nasdaq:NVDA) is a Santa Clara, California-based chip manufacturing company that was incorporated in 1993. It offers graphics process units, chips, and other computer hardware products. NVIDIA Corporation (Nasdaq:NVDA) utilizes artificial intelligence (AI) to develop machines from other suppliers. Its chips have a rising demand globally and it recently touched $1 trillion in market capitalization.

Insider Monkey took a look at hedge fund portfolios for NVIDIA Corporation (Nasdaq:NVDA) second quarter of 2023 investments and found out that 178 had a stake in the company. Citadel Investment was its biggest shareholder which has roughly 21.4 million shares for about $9 billion of NVIDIA Corporation (Nasdaq:NVDA).

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