Nvidia Corporation (NVDA) Reaffirms Leadership Amidst Artificial Intelligence Booms

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U.S. equity markets continued their upward trajectory in the third quarter, with the S&P 500 Index rising 8.12%. A combination of improving economic conditions, solid corporate earnings, and growing expectations for monetary easing drove the strong performance. Against this backdrop, Class A shares of the Fund outperformed the Russell 3000 Growth Index during the third quarter of 2025. In addition, please check the fund’s top five holdings to know its best picks in 2025.In its third-quarter 2025 investor letter, Alger Spectra Fund highlighted stocks such as NVIDIA Corporation (NASDAQ:NVDA). NVIDIA Corporation (NASDAQ:NVDA) offers graphics, compute, and networking solutions. The one-month return of NVIDIA Corporation (NASDAQ:NVDA) was 10.56%, and its shares gained 34.23% of their value over the last 52 weeks. On November 10, 2025, NVIDIA Corporation (NASDAQ:NVDA) stock closed at $199.05 per share, with a market capitalization of $4.846 trillion.Alger Spectra Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its third quarter 2025 investor letter:"NVIDIA Corporation (NASDAQ:NVDA) is a leading supplier of graphics processing units (GPUs) for a variety of end markets, such as gaming, PCs, data centers, virtual reality, and high-performance computing. The company is leading in most secular growth categories in computing, and especially AI and super-computing parallel processing techniques for solving complex computational problems. In our view, Nvidia’s computational power is a critical enabler of AI and therefore essential to AI adoption. Shares of Nvidia contributed positively to performance largely because the company delivered results and guidance that reinforced its leadership in the artificial intelligence boom. The company reported record revenue and earnings that exceeded analyst estimates, driven by surging demand for its AI-focused chips and related data center products. Specifically, the strongest growth came from its data center segment, which benefited from widespread adoption of Nvidia’s advanced processors by cloud providers and enterprise customers building AI infrastructure. This momentum was supported by the ramp-up of its next-generation Blackwell chips, which are designed to handle increasingly complex AI workloads. Investors were also encouraged by management’s upbeat outlook for the coming quarter."Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,850.92 +4.31 (+0.06%)Dow 3048,254.82 +326.86 (+0.68%)Nasdaq23,406.46 -61.84 (-0.26%)Russell 20002,450.80 -7.48 (-0.30%)VIX17.51 +0.23 (+1.33%)Gold4,202.00 +85.70 (+2.08%)PortfolioSign in to access your portfolioSign inTop gainersMH McGraw Hill, Inc. 14.09 +2.72 (+23.92%)CNTA Centessa Pharmaceuticals plc 26.70 +4.16 (+18.46%)BBAI BigBear.ai Holdings, Inc. 7.17 +1.11 (+18.32%)ONON On Holding AG 41.51 +6.33 (+17.99%)ORLA Orla Mining Ltd. 12.04 +1.46 (+13.80%)Top losersDGNX Diginex Limited 14.00 -2.35 (-14.37%)CRCL Circle Internet Group 86.30 -12.00 (-12.21%)RGTI Rigetti Computing, Inc. 28.30 -3.10 (-9.87%)MENS Jyong Biotech Ltd. 36.70 -3.96 (-9.74%)DQ Daqo New Energy Corp. 32.15 -3.46 (-9.72%)Most activeOPEN Opendoor Technologies Inc. 9.37 +0.89 (+10.50%)BBAI BigBear.ai Holdings, Inc. 7.17 +1.11 (+18.32%)PLUG Plug Power Inc. 2.7300 +0.2000 (+7.91%)NVDA NVIDIA Corporation 193.80 +0.64 (+0.33%)AMD Advanced Micro Devices, Inc. 258.89 +21.37 (+9.00%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersLPTX Leap Therapeutics, Inc. 2.0500 +1.6125 (+368.57%)BTC-USD Bitcoin USD 101,847.38 -789.26 (-0.77%)CRCL Circle Internet Group 86.30 -12.00 (-12.21%)ONON On Holding AG 41.51 +6.33 (+17.99%)AMD Advanced Micro Devices, Inc. 258.89 +21.37 (+9.00%)Top economic events