Nvidia has concentrated 95% of its stock portfolio in two companies operating in the field of artificial intelligence. CoreWeave accounts for 91% of the investments, while Arm represents 4%, according to Motley Fool.

CoreWeave operates 33 data centers in the U.S. and Europe and has been recognized as the best AI cloud platform on the market thanks to its high performance and close cooperation with Nvidia. In the second quarter, its revenue grew 206% to $1.2 billion, operating profit excluding interest reached $200 million, but the net loss widened to $131 million due to higher debt costs. Microsoft contributed 71% of revenues, making the company highly dependent on a single client.

Arm specializes in licensing processor architectures and holds a 99% share of the smartphone market. Its energy-efficient solutions are increasingly used in data centers as AI workloads grow. In the second quarter, sales rose 12% to $1 billion, but profit fell 13%. Arm expects revenue growth to accelerate to 25% and an expansion of income from compute subsystem licenses.

Analysts note that both companies have significant potential in the AI sector, but CoreWeave is characterized by high volatility, while Arm shares remain expensive relative to projected earnings.