In its second-quarter 2026 investor letter, Brown Advisory Global Leaders Strategy Fund highlighted stocks like NVIDIA Corporation (NASDAQ:NVDA).
NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor company that develops GPUs and computing platforms powering artificial intelligence, data centers, and high-performance computing
The one-month return of NVIDIA Corporation (NASDAQ:NVDA) was 10.04% while its shares traded between $164.07 and $236.54 over the last 52 weeks. On August 7, 2026, NVIDIA Corporation (NASDAQ:NVDA) stock closed at approximately $218.99 per share, with a market capitalization of about $5.42 trillion. Brown Advisory Global Leaders Strategy Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q2 2026 investor letter: We initiated a position in Nvidia (NASDAQ:NVDA) in June.
Over the last four years, Nvidia has positioned itself as the leader across all parts of the technical component layer within the AI technology stack, including AI silicon, networking, cooling and total rack systems. Meanwhile, it has invested heavily in seeding an AI ecosystem based on Nvidia technology within the application, model and cloud compute layers, helping to drive usage of its infrastructure products. Nvidia has reshaped its business from consumer and professional GPU cyclicality toward data-centre infrastructure platform economics.