Nvidia held by 82% of U.S. active managers, but hedge funds favor other chip stocks
AI Summary- Nvidia was the most widely owned semiconductor stock among U.S. active managers.
- 82% of managers held Nvidia, compared with 78% for Broadcom and 51% for AMD.
- BofA data showed hedge funds favoring Seagate, Teradyne, SanDisk, Synopsys and Arista Networks.