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NVIDIA Reduces Stake in Arm Holdings, Buys Shares in WeRide
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NVIDIA Reduces Stake in Arm Holdings, Buys Shares in WeRide
Feb 14, 2025 6:45 AM

09:29 AM EST, 02/14/2025 (MT Newswires) -- NVIDIA ( NVDA ) has reduced its holdings in British semiconductor firm Arm Holdings ( ARM ) by around 44%, Nvidia ( NVDA ) said in a regulatory filing Friday.

The tech firm also divested all of its stakes in medical imaging specialist Nano-X Imaging, robot maker Serve Robotics ( SERV ), and voice AI company SoundHound.

NVIDIA ( NVDA ) reported new holdings in Q4 2024, including almost 1.2 million shares in AI-focused company Nebius Group and about 1.7 million shares in Chinese autonomous driving tech firm WeRide ( WRD ).

Arm Holding's share price dropped 1.26% in premarket trading., Serve Robotics ( SERV ) shares declined by 36.95%, SoundHound fell 24.78%, and Nano-X Imaging sunk by 9.01%, while WeRide ( WRD ) shares rose 92.2% in premarket trading.

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