Nvidia disclosed investments late Wednesday, including stakes in Arm Holdings, SoundHound AI and Nano-X Imaging.
The AI chip giant, in its first-ever 13F filing with the SEC, also announced small stakes in Recursion Pharmaceuticals and self-driving company TuSimple Holdings as of Dec. 31.
Nvidia stock fell 1.7% Thursday. Arm stock rose solidly. SoundHound and Nano-X skyrocketed while TuSimple soared. Recursion Pharma jumped.
Nvidia sought to buy Arm Holdings for $40 billion in 2020, but gave up in early 2022 amid regulatory objections. It owned $147 million worth of Arm stock at the end of last year. ARM had skyrocketed 68% in 2024 as of Feb. 14. Shares climbed 5.8% on Thursday.
Back in July, Nvidia disclosed a $50 million investment in Recursion. Its stake was worth $76 million as of Dec. 31. RXRX stock still advanced 14%.
Nvidia disclosed a $3.67 million stake in SoundHound, which makes AI software for vocal recognition. The chip giant had been a SoundHound investor back in 2017. Eve so, SOUN stock spiked 67% in volatile action.
Nvidia owns a nano-sized investment in Nano-X Imaging. NNOX stock skyrocketed 49% Thursday after more than doubling at one point.
Finally, Nvidia owned a slim stake in TuSimple. In December, the Chinese firm said it would shut down its U.S. operations. Last month, it announced plans to delist from the Nasdaq. TSPH stock leapt 37%.
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