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Family Offices Bet on Nvidia Before $589 Billion DeepSeek Rout

The Nvidia headquarters in Santa Clara, California.
Photographer: David Paul Morris/Bloomberg

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By Benjamin Stupples and Annie Massa

February 14, 2025 at 5:53 PM UTC

This article is for subscribers only.

Investment firms for the world’s ultra-rich boosted their Nvidia Corp. allocations ahead of the DeepSeek-driven selloff.

Family offices for Sweden’s Rausing dynasty, US hedge fund billionaire David Tepper and Silicon Valley’s elite all increased investments to the AI chipmaker in the three months ended Dec. 31, according to 13F regulatory filings.