Recently filed Forms 13F reveal that several billionaire-led hedge funds purchased shares in the Vanguard Mega Cap Growth ETF (NYSEMKT: MGK) in Q2. Although their positions are not significant, the ETF is considered a solid choice for diversification, offering substantial exposure to the “Magnificent Seven” stocks, with the potential to grow a $500 monthly investment to $442,400 over 20 years.
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Why Aren't More People Talking About This Big News About an Nvidia Partner?
ON Semiconductor (NASDAQ: ON) and Navitas Semiconductor (NASDAQ: NVTS) are partnering with Nvidia to advance next-generation data centers. While Navitas has seen its stock soar 89% this year despite projected losses until 2027, ON Semiconductor's stock has declined 28%, primarily due to its focus on silicon carbide chips for the automotive and electric vehicle markets. Want More Context? 🔎
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