Did Nancy Pelosi buy Nvidia stock?

Former Speaker of the House Nancy Pelosi is back to buying Nvidia (NASDAQ: NVDA) stock. Indeed, a new congressional trading form filed by the congresswoman shows she purchased shares in two chipmakers last month, including the likes of Nvidia and Broadcom (NASDAQ: AVGO ).

Who is Nancy Pelosi?

Nancy Pelosi remains one of the most followed members of Congress when it comes to the disclosure of stock and options trades. The former House speaker disclosed the purchase of more NVIDIA Corporation (NASDAQ: NVDA) shares this week.

Why did Pelosi invest in Nvidia?

The rise in Nvidia’s stock value, partly because of the high demand for its chips in AI computing, has contributed significantly to Pelosi’s recent financial success from this investment. Nvidia has impacted sectors like artificial intelligence, cloud computing, semiconductors and gaming.

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