Nvidia is going down as "iron fans" reduce their holdings?

It's worth noting that AI is still hot and the prospects for this field are widely seen, and Nvidia is still hot. However, one of the company's "iron fans" believes that AI is overheated and chose to sell Nvidia.

It is understood that Edmond de Rothschild Asset Management, headquartered in Geneva, Switzerland, currently manages assets of 79 billion Swiss francs, or about $87.1 billion, under the Rothschild (Rothschild) family.

The institution has long been overweight in Nvidia, and in recent news, the institution has taken advantage of the big rally to partially take profits.

Its global chief investment officer (CIO) said that the positions held are now much smaller than in the past, and given the high AI valuations, it is increasingly uncertain whether it will add to its position in AI technology stocks, and will be more cautious if valuations continue to grow.

The agency's reduced holdings have also raised concerns among many investors. However, most Wall Street analysts now also believe that Nvidia has room for further gains.