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The company tends to invest in key partners, customers, and suppliers and has also invested in compelling AI companies. In some quarters, there is very little movement in Nvidia's portfolio. But in the fourth quarter of calendar year 2025, the company was active.Nvidia dumped its stake in Applied Digital (NASDAQ: APLD) and ARM Holdings (NASDAQ: ARM) while initiating a new position in a relatively new chip player, one whose stock is up over 7,000% since the company's initial public offering (IPO).Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »Image source: Getty Images.Nvidia has a strong history with Arm, which licenses architecture and other designs used to create central processing units (CPUs) and graphics processing units (GPUs), the semiconductors that train large language models (LLMs). Nvidia actually tried to acquire Arm for $40 billion several years ago, but couldn't overcome regulatory concerns.Arm eventually went public in 2023, and Nvidia invested in the IPO. The company now has a market cap of $134 billion and has more than doubled in value since the IPO, so perhaps Nvidia is taking gains here. Nvidia still has a 20-year license agreement for the use of Arm technology, which it plans to use to build CPUs for a range of uses, including robotics and supercomputers.Applied Digital is an AI data center company that purchases Nvidia GPUs and effectively rents them out to companies looking to run AI applications.Like many data center stocks, Applied Digital trades at a big valuation. In the company's 2026 second fiscal quarter (ended Nov. 30, 2025), Applied Digital grew revenue 177% year over year while also narrowing losses from $143 million to about $31.4 million. However, trading at an $8.7 billion market cap, the stock carries an expensive valuation, so investors should be careful.Last September, Nvidia announced it would purchase a $5 billion stake in Intel (NASDAQ: INTC), once a dominant tech player, which has struggled in recent years to adapt to the new world of AI. As part of the deal, Nvidia and Intel will team up to build chips for data centers and computers.Nvidia isn't the only stakeholder that has assisted the company. Last year, President Donald Trump's administration also took a nearly $9 billion stake in Intel, funded largely by grants, including through funds authorized by the CHIPS Act, which set aside funding for companies building chip factories in the U.S. Intel is investing over $100 billion to grow its U.S. manufacturing facilities in Arizona, New Mexico, Oregon, and Ohio.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,956.25 -3.50 (-0.05%)Dow Futures49,434.00 -100.00 (-0.20%)Nasdaq Futures25,373.25 -8.75 (-0.03%)Russell 2000 Futures2,670.20 +2.50 (+0.09%)VIX17.95 +0.02 (+0.11%)Gold5,195.30 -30.90 (-0.59%)Trending tickersNVDA NVIDIA Corporation 195.56 +2.71 (+1.41%)BTC-USD Bitcoin USD 68,058.90 +2,782.36 (+4.26%)IONQ IonQ, Inc. 33.59 +1.97 (+6.23%)CRM Salesforce, Inc. 191.75 +6.33 (+3.41%)TTD The Trade Desk, Inc. 25.16 +0.22 (+0.88%)PortfolioSign in to access your portfolioSign inTop gainersYOU Clear Secure, Inc. 46.51 +13.04 (+38.96%)CRCL Circle Internet Group 83.14 +21.77 (+35.47%)CAVA CAVA Group, Inc. 85.67 +17.87 (+26.36%)CCC CCC Intelligent Solutions Holdings Inc. 6.34 +1.28 (+25.30%)ECG Everus Construction Group, Inc. 130.10 +25.89 (+24.84%)Top losersIBRX ImmunityBio, Inc. 9.54 -2.01 (-17.40%)LUNR Intuitive Machines, Inc. 15.89 -3.01 (-15.93%)DEO Diageo plc 86.15 -15.99 (-15.66%)GDDY GoDaddy Inc. 79.12 -13.18 (-14.28%)FSLR First Solar, Inc. 210.12 -33.09 (-13.61%)Most activeNVDA NVIDIA Corporation 195.56 +2.71 (+1.41%)PLUG Plug Power Inc. 1.9100 0.0000 (0.00%)IBRX ImmunityBio, Inc. 9.54 -2.01 (-17.40%)INTC Intel Corporation 46.88 +0.76 (+1.65%)ONDS Ondas Inc. 10.30 -0.10 (-0.96%)Top economic eventsEarnings eventsMy earnings eventsEarnings events