Nvidia (NVDA): BlackRock Science and Technology Term Trust’s Strong Contributor

BlackRock, an investment management company, released its third-quarter 2025 investor letter for “BlackRock Science and Technology Term Trust”. A copy of the letter can be downloaded here. The BlackRock Science and Technology Term Trust (BSTZ) is a closed-end fund focused on investing in the technology sector. In Q3, the fund returned 10.1% on market price and 11.6% on net asset value (NAV) compared to the MSCI Custom ACWI SMID Growth IT Call Overwrite Index’s 15.2%. During the quarter, the trust adjusted its investments in the technology sector to align with changing market conditions and emerging opportunities. Additionally, please review the fund’s top five holdings to see its leading picks in 2025.

In its third-quarter 2025 investor letter, BlackRock Science and Technology Term Trust highlighted stocks such as NVIDIA Corporation (NASDAQ:NVDA). NVIDIA Corporation (NASDAQ:NVDA) offers graphics, compute, and networking solutions. The one-month return for NVIDIA Corporation (NASDAQ:NVDA) was 3.73%, and its shares gained 40.16% over the last 52 weeks. On December 29, 2025, NVIDIA Corporation (NASDAQ:NVDA) stock closed at $188.22 per share, with a market capitalization of $4.583 trillion.

BlackRock Science and Technology Term Trust stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its third quarter 2025 investor letter:

“Finally, an off-benchmark position in NVIDIA Corporation (NASDAQ:NVDA) (%) also contributed to performance, a leading U.S. semiconductor company known for its data center and AI compute chips, also contributed strongly to absolute returns. The company reported record quarterly revenue and continued strength in the Data Center segment, with Blackwell-driven sales up sequentially, which reinforced Nvidia’s leadership in AI acceleration and its central role in next-generation data-center infrastructure.”

Analyst Explains How NVIDIA (NVDA) Can Reach $8 Trillion Market Cap

NVIDIA Corporation (NASDAQ:NVDA) is in 5th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 234 hedge fund portfolios held NVIDIA Corporation (NASDAQ:NVDA) at the end of the third quarter, compared to 235 in the previous quarter. In the third quarter of fiscal 2026, NVIDIA Corporation (NASDAQ:NVDA) reported $57 billion in revenues, marking a 62% year over year growth. While we acknowledge the risk and potential of NVIDIA Corporation (NASDAQ: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 NVIDIA Corporation (NASDAQ:NVDA) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered NVIDIA Corporation (NASDAQ:NVDA) and shared Bailard Technology Strategy’s views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.