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NVIDIA Corporation (NVDA): Billionaire Steve Cohen Has a Long-Term Bet on This Stock

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Stocks to Invest In According to Billionaire Steve Cohen.

NVIDIA Corporation (NASDAQ:NVDA) first appeared in the 13F portfolio of Point72 Asset Management back in the second quarter of 2015. This position comprised 2 million shares. By the fourth quarter of 2015, this stake had jumped to ownership of 66 million shares. Thereafter, Cohen reduced exposure to the stock, even selling it off completely but opening a new position within a few months. The present holding was purchased back in the first quarter of 2023 and consisted of 9.8 million shares then. Latest filings, submitted at the end of the fourth quarter of 2025, show that the fund owned nearly 10 million shares in the company, up 38% compared to filings for the previous quarter.

READ NEXT: 10 Best Stocks to Buy According to Billionaire Paul Tudor Jones.

NVIDIA Corporation (NASDAQ:NVDA) remains the single most important barometer for hedge fund confidence in the AI supercycle. The company recently raised its lifetime sales projection for its major chip systems, Blackwell and the upcoming Vera Rubin, to $1 trillion through 2027, up from a previous estimate of $500 billion. Hedge funds are front-running the 2026–2027 rollout of the Vera Rubin architecture, which promises a 35x increase in throughput per megawatt. This efficiency is critical as data centers hit physical power constraints. Hedge funds are also shifting their focus from AI training to AI inference, where NVIDIA is extending its moat. NVIDIA’s partnership with Groq to deliver 1,500+ tokens per second is a major draw.

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Stocks to Buy According to Billionaire David Abrams and 15 Best Stocks to Buy According to Billionaire Seth Klarman.

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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