Nvidia Discloses Stakes In Arm, SoundHound AI, Nano-X And More

News Snapshot:

Nvidia (NVDA) disclosed investments late Wednesday, including stakes in Arm Holdings (ARM), SoundHound AI (SOUN) and Nano-X Imaging (NNOX). X The AI chip giant, in its first-ever 13F filing with the SEC, also announced small stakes in Recursion Pharmaceuticals (RXRX) and self-driving company TuSimple Holdings (TSPH) as of Dec. 31. Nvidia stock edged lower early Thursday. Arm stock rose modestly. SoundHound and Nano-X skyrocketed while Recursion Pharma and TuSimple soared. Nvidia sought to buy Arm Holdings for $40 billion in 2020, but gave up in early 2022 amid regulatory objections. It owned $147 million worth of Arm stock at the...