Summary by Moomoo AI
FMR LLC, a parent holding company, has filed an amended Schedule 13G/A with the Securities and Exchange Commission, disclosing a 4.069% ownership stake in NVIDIA Corporation, which amounts to 998,190,803 shares of common stock. The filing, dated November 8, 2024, indicates that FMR LLC has sole power to dispose or direct the disposition of these shares. Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and through the Johnson family's ownership of voting common shares, may be deemed to have a controlling influence over FMR LLC. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of NVIDIA. The filing includes a list of entities under FMR LLC that beneficially own shares of NVIDIA and clarifies that the reported ownership does not reflect securities that may be owned by other companies whose beneficial ownership is disaggregated from that of FMR LLC.
