This year has already risen by 50%, and some hedge funds have already made $1 billion from NVIDIA.

Hedge funds that have increased their bets on NVIDIA have reaped substantial profits.

Position data shows that many well-known hedge funds increased their bets on NVIDIA in the fourth quarter of last year, expecting to reap high profits in this year's gains.

It is reported that Arrowstreet Capital, a hedge fund, increased its NVIDIA holdings by nearly 4 million shares in the fourth quarter of last year, with a holding size reaching $2.1 billion by the end of last year. If the company continues to hold, it has already made at least $1 billion in profits this year. The world's largest hedge fund, Bridgewater Associates, also increased its holdings by at least 220,000 shares in the fourth quarter, four times the original holding size. If they continue to hold, the company will profit over $65 million.

Some hedge funds missed out on profits by selling NVIDIA too early. Hedge funds D1 Capital Partners and Coatue sold about 146,000 and 219,000 shares of NVIDIA in the fourth quarter, respectively. Tiger Global, under Chase Coleman, not only sold 142,900 shares of NVIDIA but also reduced holdings in the "Seven Sisters" tech stocks and increased holdings by nearly 1 million shares of TSMC's new shares.

Last year, NVIDIA's stock price soared by 230% throughout the year, becoming the most favored stock in the hedge fund industry. Year-to-date, NVIDIA's price has risen by over 50%, with the company's market value surpassing Amazon and Google's parent company, Alphabet, reaching $1.83 trillion at one point, making it the third-largest company in the U.S. stock market.