Key Takeaways
- Nvidia Corp. is well-known as an artificial intelligence behemoth, but the chipmaker also invests in many other AI companies.
- Its holdings include CoreWeave, a cloud computing provider, and Arm, an AI chip designer, among others.
Nvidia (NVDA), the chipmaking giant at the center of the artificial intelligence revolution, has delivered huge returns for investors since its meteoric rise in 2023 and 2024. But the world’s most valuable company, led by the so-called “Godfather of AI,” CEO Jensen Huang, has investments of its own.
The company is required to disclose its portoflio information every quarter using the SEC Form 13-F. This filing offers only a snapshot of Nvidia’s portfolio at the end of the quarter. It does not provide any details about gains or losses made from any sales made during the quarter.
Here’s what Nvidia’s AI best looked like at the end of June—
CoreWeave
By far Nvidia’s most valuable holding is CoreWeave Inc. (CRWV), an AI cloud computing provider that went public in March. At the end of June, Nvidia held 24.3 million shares, that amounts to roughly 7% stake in the company, worth a little over $3.9 billion.
As of Aug. 26, that stake is valued is close to $2.2 billion, after Coreweave saw almost a third of its share value disappear following disappointing quarterly earnings results. However, shares of CoreWeave have more than doubled from their IPO price of $40 in March to more than $90 in late August.
Arm Holdings
Arm Holdings plc (ARM) is a U.K.-based developer of CPU chip designs whose clients include Nvidia, Microsoft Corp. (MSFT), and Alphabet Inc.’s (GOOGL) Google. Nvidia reported a stake of 1.1 million Arm shares worth $178 million in June (about $154 million as of Aug. 26).
Applied Digital
Applied Digital Corp. (APLD) provides data center space to companies seeking AI compute infrastructure. Its shares have more than doubled this year, including a huge gain after the company agreed to lease data center operations to fellow Nvidia partner CoreWeave. Nvidia held 7.7 million shares of Applied Digital.
That position, which was worth about $77 million at the end of June, has grown to over $125 million as of Aug. 26.
Nebius
Nebius Group NV (NBIS) is an Amsterdam-based provider of AI infrastructure. Nvidia first disclosed its 1.2 million-share stake in the company in February, and its stock has jumped more than two-thirds since. That means Nvidia’s investment has only grown, from nearly $65 million in June to about $85 million at the end of August.
Recursion Pharmaceuticals
Recursion Pharmaceuticals Inc. (RXRX), a biotech firm focused on AI-powered drug discovery. It’s also another Nvidia investment that has seen its stock fall this year, dropping 27%. Nvidia held 7.7 million shares of Recursion as of June 30.
WeRide
Chinese autonomous vehicle manufacturer WeRide Inc. (WRD) operates a fleet spanning 30 cities across nine countries. Its shares spiked after Nvidia revealed a 1.7-million share stake in February, but they’ve lost about a third of their value in 2025.
The Bottom Line
Nvidia’s portfolio has largely been successful this year, with stocks like CoreWeave actually outperforming the chipmaker itself so far in 2025.
Nvidia stock has been no slouch, though, gaining 33% this year and hitting a record high of $182.70 earlier this month. The company is due to report quarterly results after the market closes Wednesday, and AI investors will be watching for clues from Huang about the state of the sector.