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Billionaire investors are eagerly loading up on winning growth stocks that look poised to extend their rallies. A few stocks fit the description quite similarly Nvidia (NASDAQ: NVDA)which recently brought the attention of hedge fund billionaire David Tepper, who bought more shares for Appaloosa Management. The hedge fund bought an additional 150,000 shares and now owns 1.9 million Nvidia shares. Billionaire Daniel S. Loeb also bought an extra 50,000 Nvidia shares for his Third Point fund.
Nvidia is the most well-established AI stock. Its multi-year rally has turned it into the most valuable publicly traded company, but even with that distinction, billionaire investors still want more of it. These are the reasons why Nvidia continues to beat the wider market.
Investors who have followed semiconductor stocks for a while have probably heard about the growing demand of the AI chip many times, but the story is far from over. The consulting giant McKinsey believes that the size of the semiconductor market is underestimated and could reach $1.6 trillion by 2030. The tech giants continue to draw deeper into their budgets, suggesting that AI chipmakers such as Nvidia may continue to grow.
Nvidia earned $57 billion in the third quarter of fiscal year 2026, which ended on October 26, 2025, which was actually up 62% year over year. It’s extremely difficult to earn $57 billion in one quarter, but an overlooked part of these results is how difficult it is for a company as large as Nvidia to still register a 62% growth rate.
Nvidia’s guidance suggests it will earn $65 billion in Q4, plus or minus 2%. The midpoint implies sequential growth of 14%.
Nvidia regularly releases new AI chips that can handle more work, and that big chip will come out in 2026. Vera Rubin is a platform that combines Vera CPUs and Rubin GPUs. It is much more efficient than the Nvidia Blackwell platform, which is currently the company’s most successful product.
Technology leaders have been running on the Vera Rubin platform. Elon Musk called it “a rocket engine for AI,” while Mark Zuckerberg, Satya Nadella, and Sam Altman were some of the tech CEOs who openly said that Vera Rubin is a key part of their AI ambitions.
It’s easy to see Nvidia continuing to outperform and deliver double-digit sequential growth with that kind of demand. It may continue to accelerate from current levels as well. Companies loaded on Blackwell will aggressively buy Rubin platform hardware as well.