Nvidia (NVDA) in Stewart Asset Management 2024 Q4

AI Leadership and Technological Advancements Drive Growth

May 24, 2025

Summary

Core position due to its pivotal role in AI and data center technologies.
Strong growth in earnings power, contributing significantly to portfolio performance.
Potential risks include market volatility and competitive pressures in the semiconductor industry.
Continued innovation in AI applications and data center solutions.
Outlook remains positive with expectations of sustained earnings growth.

In Stewart Asset Management's Q4 2024 letter, Nvidia (NVDA, Financial) was highlighted as a key holding, reflecting the firm's long-standing confidence in its technological leadership and growth potential. Nvidia has been a cornerstone of the portfolio since 2018, driven by its advancements in AI and data center technologies, which have become integral to various industries.

"Nvidia has been one of the most scrutinized companies over the last decade. It is closely associated with artificial intelligence (AI). The company’s computer chips, networking equipment for data centers and its software are enhancing social media and supporting many businesses." — Stewart Asset Management, Q4 2024 Fund Letter

Read full letter at gurufocus Stewart Asset Management 2024 Q4 page.

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