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A cohort of Wall Street's most influential billionaire investors has significantly increased their holdings in Nvidia, signaling strong confidence in the AI chipmaker's future. The aggressive buying spree coincides with a bold prediction from a prominent tech analyst who sees the company's market capitalization soaring to $5 trillion.
According to the second quarter 13F filings, some of the biggest names in hedge funds loaded up on Nvidia shares.

Ken Griffin of Citadel Advisors acquired 6.1 million shares, boosting his firm's position by 922%. Appaloosa's David Tepper increased his stake by 483% with the purchase of 1.4 million shares, while Philippe Laffont of Coatue Management added 2.9 million shares.
These moves are noteworthy given the managers' track records of outperforming the S&P 500.
Wedbush analyst Dan Ives echoes this institutional bullishness; he believes the company's fundamentals are stronger than perceived and that demand for its AI chips remains immense.

"I think it's noise... And I think this is a stock going to $5 trillion," Ives stated, viewing the company's financial results as a "validation point" for the ongoing AI trade.
Ives's projection, while optimistic, is not the most bullish on Wall Street. Technology analyst Beth Kindig of the 1/0 Fund believes Nvidia will become a $10 trillion company by 2030, citing its rapid product roadmap and the "impenetrable moat" created by its CUDA software platform.

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