Business · Markets · 3 hrs ago

Spanish investors’ Nvidia holdings near $5.1 billion as shares hit a record

Spanish investors’ Nvidia holdings near $5.1 billion as shares hit a record

Major Spanish investors now hold Nvidia shares worth nearly $5.1 billion combined.

That is almost twice the amount recorded in July last year.

Nvidia makes chips used in artificial intelligence, and its shares recently rose above $243, a new record.

Banco Santander is the biggest Spanish investor listed, followed by CaixaBank Asset Management and BBVA.

Their holdings are spread across investment funds and other financial vehicles, rather than being held only by the banks themselves.

The rising share price has increased the value of these investments.

The figures show how strongly Spanish investment firms have placed bets on Nvidia during the surge in interest in artificial intelligence.

Sources

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