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Scottish Mortgage lowers Nvidia stake

By Iain Gilbert

Date: Friday 08 Nov 2024

(Sharecast News) - Investment trust Scottish Mortgage revealed that it has lowered its stake in AI-darling Nvidia on Friday as it warned of unsustainable costs related to the technology's adoption.
"The primary challenge hindering large-scale AI adoption remains the high cost. Companies must find ways to offer competitively priced AI systems...

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