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OMC Financial trims NVIDIA stake by 6.2% amid strong earnings and bullish AI demand.

Market News
23 Mar 2026
Defense World
View Source
Bullish
pluang ai news

OMC Financial Services LTD reduced its NVIDIA shares by 6.2% in Q4, holding 178,037 shares worth $33.2M, despite NVIDIA's strong quarterly earnings beating estimates with $1.62 EPS and $68.13B revenue. NVIDIA's growth is driven by robust AI chip demand, including a major order from Amazon Web Services for 1 million AI chips by 2027. While insiders have sold shares recently, Wall Street analysts remain bullish, raising price targets up to $300. The company also announced a modest dividend and continues to lead in AI and gaming GPU markets, though geopolitical and tax issues pose some risks.

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