Total AssetsNvidia's latest 13F holdings exposure, WeRide skyrocketed 80%!!
On February 14th Eastern Time, NVIDIA (NVIDIA) submitted its latest 13F holdings report to the SEC, disclosing its investment activities for the fourth quarter of 2023. Once the holdings data was released, related stocks experienced significant volatility in pre-market trading:
• Stocks bought by NVIDIA:
• WeRide (WeRide)$WeRide(WRD.US) surged nearly 80% in pre-market trading
• Nebius rose over 10%$Nebius(NBIS.US)
• Stocks sold by NVIDIA:
• Serve Robotics$Serve Robotics(SERV.US) plummeted nearly 30% in pre-market trading
• SoundHound AI dropped nearly 20%$SoundHound AI(SOUN.US)
NVIDIA's investment decisions have always been closely watched by the market. Changes in its holdings not only affect the short-term trends of related stocks but may also reveal future trends in the artificial intelligence (AI) and autonomous driving industries.
Why did NVIDIA increase its holdings in WeRide and Nebius?
WeRide (WeRide)—A Star in Autonomous Driving
WeRide is a company focused on Level 4 autonomous driving, actively expanding Robotaxi (autonomous taxis) and autonomous freight businesses in China and globally in recent years. As a global leader in AI computing, NVIDIA's significant increase in holdings in WeRide may indicate long-term optimism about the autonomous driving industry and expectations for synergies in AI chips, algorithms, and application scenarios.
Additionally, WeRide recently obtained multiple autonomous driving testing and commercial operation permits in cities like Guangzhou, which may have been a catalyst for NVIDIA's increased holdings.
Nebius—A Rising Force in Cloud Computing and AI
Nebius is a company focused on cloud computing and AI infrastructure, highly aligned with NVIDIA's GPU computing business. With the soaring demand for AI computing power, cloud computing suppliers have become a focal point for the market. NVIDIA's increased holdings in Nebius may be a bet on the future development potential of AI cloud computing.
Why did NVIDIA reduce its holdings in Serve Robotics and SoundHound AI?
Serve Robotics—Challenges in Autonomous Delivery
Serve Robotics specializes in AI-driven autonomous delivery robots, primarily used in the food and retail industries. However, competition in this field has intensified, with challenges in technology, regulations, and commercialization. NVIDIA's reduction in holdings may reflect a more cautious stance on the commercialization prospects of the autonomous delivery sector.
SoundHound AI—Commercialization Struggles in Voice AI
SoundHound AI is a company focused on voice recognition and natural language processing. Despite its technological advantages in smart voice assistants and in-car voice interaction, the industry is highly competitive, and profitability remains challenging. NVIDIA's reduction in holdings may reflect uncertainty about the short-term commercialization prospects of the voice AI industry.
How should investors view NVIDIA's holdings changes?
1. Pay attention to industry trends—NVIDIA's investment direction is worth referencing
NVIDIA is not only a leader in AI chips but also a bellwether for AI ecosystem 布局. Its increased holdings in WeRide and Nebius indicate continued optimism about autonomous driving and cloud computing, which may become key investment directions in AI for 2024.
2. Avoid blindly chasing highs—short-term volatility does not reflect long-term trends
NVIDIA's holdings changes have caused significant volatility in some stocks, but short-term price surges or drops do not necessarily reflect a company's long-term value. For example, WeRide surged nearly 80% in pre-market trading, but investors should focus on its fundamentals, performance, and commercialization progress rather than entering the market based solely on short-term sentiment.
3. Consider market conditions and be wary of industry risks
NVIDIA's investment decisions are not infallible—it has had failed investments in the past. Therefore, when referencing its holdings, investors should still conduct independent analysis based on industry trends, macroeconomic conditions, and company fundamentals.
Summary
NVIDIA's latest 13F holdings report sends several important signals:
• Autonomous driving and cloud computing remain hot directions in the AI industry, with WeRide and Nebius favored;
• Autonomous delivery and voice AI may face commercialization challenges in the short term, with Serve Robotics and SoundHound AI seeing reduced holdings;
• Investors should rationally assess holdings changes, avoid emotional trading, and make investment decisions based on long-term trends.
NVIDIA's investment direction may hint at the next wave of opportunities in the AI field in 2024. Investors should closely monitor the latest developments in related industries to seize potential opportunities!
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