Is NVDA a buy? — what our data shows
NVIDIA makes the powerful chips that run artificial intelligence — if you've heard about ChatGPT or self-driving cars, NVIDIA's hardware is almost certainly involved somewhere behind the scenes.
What our data shows
Our data on NVIDIA is focused on one specific thing: congressional activity. We have 8 filings from U.S. lawmakers who reported trading NVIDIA stock — names like Matthew Van Epps, Daniel Meuser, John McGuire, and Gilbert Cisneros, among others. Here's the thing about these filings though: they tell us that trades happened, but they don't tell us whether those lawmakers were buying or selling. So while it's genuinely interesting that 8 members of Congress had NVIDIA on their radar, we can't read too much into the direction. It's a data point, not a verdict.
The takeaway
NVIDIA is one of the most talked-about companies in tech right now, and the congressional activity in our data confirms it's on powerful people's radar — but if you're trying to figure out how to think about it, you'll want to pair this with broader research on where the AI chip market is heading.
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