5 Best Bill Gates Stocks Other Billionaires Are Also Piling Into

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Billionaire Investors In Q3 2023: 29

NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor designer known for its graphics processing units (GPUs). Its shares have been on a tear this year, having delivered 231% in returns as investors pile into them due to the hype surrounding artificial intelligence.

By the end of this year’s September quarter, 180 out of the 910 hedge funds profiled by Insider Monkey had held a stake in the company. NVIDIA Corporation (NASDAQ:NVDA)’s largest hedge fund shareholder is Rajiv Jain’s GQG Partners as it owns 14 million shares that are worth $6.1 billion.

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