Billionaires Sell Nvidia, Bet on AI Stocks

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Nvidia stock

The Motley Fool

•

Technology

Billionaires Are Selling Nvidia and Betting on This AI Stock That's Climbed Nearly 300% Over the Past 3 Years

Summary

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75% Informative

Billionaires are selling Nvidia and Betting on this AI Stock That's Climbed Nearly 300% over the past 3 years .

Nvidia (NASDAQ: NVDA ) has been a no-brainer choice for investors aiming to win in the artificial intelligence market.

Now, some billionaires are looking to another company that's investing significantly in AI .

As some investors reduce exposure to the top chipmaker, another AI stock is emerging as an investor favorite.

This player that's been much sought after by billionaires in recent times is Meta Platforms .

The best strategy may be to hold shares of both of these AI leaders as the AI boom enters its next chapter.

Consider when Netflix made this list on December 17, 2004 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 653,702 ! The Motley Fool's total average return is 988% -- a market-crushing outperformance compared to 172% for the S&P 500.

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