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Update: Nvidia Reduces Stake in Arm Holdings, Buys Shares in WeRide
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Update: Nvidia Reduces Stake in Arm Holdings, Buys Shares in WeRide
Feb 14, 2025 7:54 AM

10:30 AM EST, 02/14/2025 (MT Newswires) -- (Updates with recent stock moves in the fourth paragraph.)

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 ( NNOX ) , robot maker Serve Robotics ( SERV ) , and voice AI company SoundHound AI ( SOUN ) .

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

Arm's share price dropped 4.4%, Serve Robotics ( SERV ) shares declined by 37.6%, SoundHound fell 23%, and Nano-X Imaging ( NNOX ) slid by 12%, while WeRide ( WRD ) shares rose nearly 82% and Nebius Group ( NBIS ) shares were up 12% in recent Friday trading.

Price: 137.05, Change: +1.76, Percent Change: +1.30

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