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Anushka Dutta

Nvidia Stock Has Underperformed in 2026. Billionaire Hedge Funds Are Still Gobbling It Up.

Nvidia NVDA TD Cowen

Semiconductor industry behemoth Nvidia Corporation (NVDA) has delivered solid gains of almost 20% this year. However, investors seem to have higher expectations for the company, given its track record and the fact that one of its rivals in the AI space, Advanced Micro Devices (AMD), has gained 96.7% this year.

However, this fact did not stop Chase Coleman’s Tiger Global, one of the most closely watched hedge funds, from increasing its Nvidia holdings by one million shares, from 11,011,752 to 12,011,752. Such robust institutional buying could raise investor confidence and drive the stock higher.

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