Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) are very popular stocks among individual and institutional investors, but two highly successful hedge fund managers aggressively bought one and sold the other in the third quarter: Ken Griffin of Citadel Advisors purchased 4.

Valued at a market capitalization of nearly $3.3 billion, Nvidia (NVDA) is among the world’s largest companies. The chip stock has surged over 800% since late 2022, as it is at the epicenter of the artificial intelligence (AI) megatrend.

Jensen Huang, CEO and founder of Nvidia, which makes chips used to train artificial intelligence ... [+] technology, takes part in a press conference at the Government Office in H

The launch of OpenAI's ChatGPT in late 2022 spurred a tidal wave of interest in generative artificial intelligence (AI) companies, sending many of their stock prices parabolic. Palantir Technologies (NASDAQ: PLTR) and Arm Holdings (NASDAQ: ARM) were major beneficiaries.

Longtime Nvidia board member Tench Coxe is among the company’s newly minted billionaires. Tench Coxe, a long-standing member of Nvidia’s board of directors, is starting off 2025 with an enviable new feather in his cap: a spot on the Bloomberg Billionaires Index.

Nvidia Corp.’s banner year supercharged Chief Executive Officer Jensen Huang’s net worth to new heights. It also boosted three of the chipmaker’s longest-serving board members into the billionaire ranks,

Nvidia shares grew 171% in 2024, leading to newly minted billionaires. Tench Coxe, 66, a member of Nvidia's board since 1993, has earned a place on the Bloomberg Billionaires Index for the first time,