![]() Nvidia is among the ten stocks, which are allocated an equal weight of 10% within the fund and the fund has seen a very strong performance in the last 2 months. ![]() Our favourite was the Mirae Asset FANG+ ETF. We have been recommending our investors to start looking at US stocks and ETFs since then. The US market was down quite a lot in November and then again took a dip in March this year. USA and the Nasdaq is the place to find many such companies. "From an Indian investor point of view where is he/she going to find companies which are doing cutting edge AI/ML work in India? Or even companies which are doing cutting edge research in Advance Materials, Space technologies, nano technology, biotech etc. Since the Nvidia stock has come into the limelight after gaining many-folds, the question now is - should Indian investors invest in the stock? Here's what the experts have to say.Īshish Ranawade, Head of Products, Emkay Wealth The street expects Nvidia Corp to join the group as well. These stocks are the tech darlings of Wall Street and Indian investors have also been investing in these due to their popularity. Nvidia Corporation is a multinational technology company based in California that creates graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing, and system on a chip units (SoCs) for the mobile computing and automotive markets.įAANG is an acronym that stands for Facebook, Amazon, Apple, Netflix, and Google. ![]() On Tuesday, the stock closed at $401.11, up nearly 3% on Nasdaq. are the only other US corporations with trillion-dollar valuations, and fewer than ten companies worldwide have achieved the feat. Alphabet Inc., Inc., Apple Inc., and Microsoft Corp. The Nvidia stock soared as much as 7.7% early in the morning US time, bringing Nvidia far above the $1 trillion mark, before reducing its gains. ![]()
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