Here’s Why NVIDIA Corporation (NVDA) Fell in Q1
From Yahoo Finance: 2025-05-12 09:12:00
Baron Funds released its “Baron Technology Fund” Q1 2025 investor letter, citing market trends driven by sentiment and fundamentals. The Fund fell 14.80% in Q1, underperforming the Benchmark and S&P 500 index due to fears of tariffs and geopolitical shifts. NVIDIA Corporation stock closed at $116.65 per share on May 9, 2025.
In its Q1 2025 investor letter, Baron Technology Fund highlighted NVIDIA Corporation, emphasizing its leadership in AI infrastructure. Despite concerns over AI adoption and efficiency, NVIDIA had a strong quarter exceeding expectations, with data center compute revenues growing 93% year over year.
NVIDIA Corporation is the 5th most popular stock among hedge funds, with 223 portfolios holding it at the end of Q4 2024. In fiscal Q4 2025, NVIDIA reported record revenues of $39.3 billion. While NVIDIA shows promise as an investment, AI stocks may offer greater returns within a shorter timeframe. Check out our report on the cheapest AI stock for more information.