NVIDIA Daily Report (February 28th)

Author | Wall Street Major Event NVIDIA's stock price fell by 0.49% on the previous trading day, closing at 787.01 yuan, with a market value of 1.96752 trillion US dollars and a turnover of 30.853 billion US dollars.01NVDA related news [Wood Sister responds to selling NVIDIA: profit exceeds 150 times, secure gains] On February 26th, Eastern Time, Cathy Wood, the fund manager of Ark Investment Management, talked about why she sold NVIDIA (NVDA) on the social platform X. "In 2014, most investors still saw NVIDIA as a PC gaming chip company, but we chose to buy it at a price of $5. Now, NVIDIA's profit has increased by over 150 times, so we chose to take profits." 13F data shows that in the fourth quarter of 2023, Ark Invest held 148,000 shares of NVIDIA, a decrease of 34.13% from the end of the third quarter, with a market value of 73.33 million US dollars, accounting for 0.44% of total assets. It is reported that Wood Sister has been selling NVIDIA for five consecutive quarters. [Former AMD executive reveals: NVIDIA uses its market position to squeeze out competition, manipulate GPU supply] Chip manufacturer Groq recently accused NVIDIA of unfair competition, claiming that it would delay shipments to customers who also use AI processors from other manufacturers in data centers.