Scottish Mortgage has reduced its Nvidia holdings as the stock’s valuation soared. Allianz Technology Trust also maintains an underweight position in Nvidia. Managers are skeptical of optimistic forecasts for Nvidia’s market capitalization. Nvidia’s stock has surged 270%, boosting the S&P 500’s growth. Scottish Mortgage and Allianz Technology Trust have strategically adjusted their Nvidia exposure. Polar Capital Technology, although underweight Nvidia, has managed its holdings through peaks and troughs. Analysts have varying views on Nvidia’s future potential and market cap growth.

Read more at Morningstar: Big UK Investment Trust Managers Cool on Nvidia Stock