Yahoo Finance

First up here, let's talk a little bit about shares of sound hound. We've been tracking this one this morning. Uh Sound Hound AI and Serve Robotics both falling after Nvidia ex exited some positions in the companies. Yahoo Finance has reached out to both for comment here. ARM holdings also falling on a reduced stake here. Um and so all of these things considered, Nvidia also getting hit. They revealed positions of around $25 million. And we ride $33 million in Nevia's group. Those shares are rising. So all of this because of some of the action in videos taking.

Yeah, exactly. And by the way, I reached out to Nvidia for comment. They did not have a comment on these changes of their stakes. It's 13F season. And usually what 13F season means for us is that we're looking at big investment firms, right? And seeing what changes they make. But Nvidia, because it has an investment portfolio, also has to file a 13F. So it's interesting to get some insight into what it is investing in. Now, I wanted to sort of take these in two buckets, right? First of all, you have the trimming of the arm stake, right? Arm, the big chip designer, um, and Nvidia has a history with arm, we should mention. At one point, Nvidia was supposed to acquire arm. And then they terminated that deal back in 2022. So there was also this sort of legacy investment in that company. So now, Nvidia is trimming that stake. They had about 1.1 million shares as of the end of the year. 2 million had been the third quarter filing. So a pretty big drop. They hold about 0.1% though of arm shares outstanding. So just to give a little perspective. Arm, by the way, yesterday, if you recall, there was a report in the Financial Times that arm was partnering with meta to make chips. Now, arm is primarily a sort of chip designer. And so the fact that it would be making more of the chip or responsible for more of the process was a big step for them. The stock went up, but it is a little bit lower today. When you're talking about a sound hound AI, a serve robotics, these smaller companies that Nvidia was investing in, it was sort of like a point of pride, a point of probably ability, you know, something that helped them in the business to say Nvidia is invested in us. So it's quite interesting here that Nvidia is now exiting its stakes in some of these companies. And, you know, in some cases, they're small companies, they're already very volatile stocks. So maybe it had to do with that. Um, we don't know, we can only speculate, but certainly there's an effect on those shares.

Right, a validation factor when you get those investments from an Nvidia, especially in this environment too.

Of course. Yes.