(Reuters) – Nvidia cut its arm holdings by about 44% and ended its holds of serve robots and soundhound AI in the fourth quarter, regulatory filings on Friday Ta.
The Santa Clara, California-based company reported its new holdings in the quarter ended December 31st. This includes 1.7 million shares of Chinese autonomous driving startup Weride Inc, which increased its shares by 96% in pre-market trading.
Shares in Nebius Group rose 6% after NVIDIA reported 1.2 million shares in the AI cloud company.
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The artificial intelligence chip designer has cut ARM’s shares by 43.8% to 1.1 million shares.
Nvidia also left its holdings in Serv Robotics, known for its sidewalk delivery robots, and reduced its shares by 31%.
It also removed stocks in Israel-based Medtech Company Nano-X Imaging Ltd, reducing its shares by 4% in pre-market trading.
Shares of voice assistant maker Soundhound AI fell 10%.
(Reporting by Jaspreet Singh of Bengaluru, Editing by Tasim Zahid)
Disclaimer: This report is automatically generated from Reuters News Service. Print is not responsible for its content.
