Nancy Pelosi Snaps Up $7M Nvidia & Broadcom AI Stocks, Dumps Tesla Shares đš đ
Details of Pelosiâs Investments and Divestments
Pelosiâs recent financial disclosures reveal substantial investments in AI-related companies. She purchased 20 Broadcom call options with an $800 strike price, expiring on June 20, 2025. This investment is valued between $1 million and $5 million. Additionally, she bought 10,000 Nvidia shares, estimated at around $1.2 million.
Simultaneously, Pelosi reduced her holdings in other tech stocks. She sold 2,500 Tesla shares, valued between $250,001 and $500,000, and 2,000 Visa shares, worth between $500,001 and $1 million.
These moves indicate a strategic shift towards companies leading in AI technology. Both Broadcom and Nvidia are key players in the semiconductor industry, crucial for AI development. Despite no longer being House Speaker, Pelosiâs financial decisions continue to attract significant attention from investors and political analysts.
Market Context and Ethical Considerations
In the midst of this development, the acquired stocks have reflected notable growth. The live stock price of Broadcom Inc. today is $1,704.10 with a 24-hour trading volume of $4.48 Million. Stock price is up 2.75% in the last 24 hours. It has a daily rice range of $1,664.46 â $1,701.44.
On the other end, NVIDIA stock price has also made notable growth today as it trades at $124.57 with a 24-hour trading volume of $423.92 Million. Stock price is up 1.03% in the last 24 hours. It has a daily price range of $121.36 â $122.77.
