Posted 1/24/2024, 2:07:22 PM
Pelosi's Timely Nvidia Stock Purchase Yields Big Gains, Highlighting Opportunities in AI and Chip Sectors
- Pelosi acquired $1M-$5M in Nvidia call options in November 2022, expiring in 2024
- Her investment has yielded nearly $500K in gains so far, doubling her $223K government salary
- Nvidia stock is up over 21% since her purchase due to high demand for its AI and chip technology
- Pelosi has a history of successful trades, sometimes generating controversy over potential insider knowledge
- Nvidia's growth in cloud computing and AI highlights opportunities for startups in emerging tech sectors