Fidelity’s FMR trims Nvidia stake by 9.1% to 932.8 million shares

FMR, the asset management arm of Fidelity, cut its Nvidia position by 9.1% to 932.8 million shares, according to a filing reported by Crypto Briefing. The reduction leaves FMR with a substantial remaining stake, suggesting the move reflects portfolio trimming rather than a loss of conviction in the chipmaker. The disclosure matters because Fidelity is among Nvidia's largest institutional holders, and shifts by major asset managers can influence sentiment around the stock. Watch for further 13F filings and Nvidia's next earnings report for signals on whether other large holders follow suit.