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Nancy Pelosi Made $500,000 From Her Nvidia Bet, Doubling Her Annual Government Salary In Just 2 Months
U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. , a prominent company in artificial intelligence and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million.As of early 2024, Pelosi has reportedly made nearly $500,000 from this investment, surpassing her annual government salary of approximately $223,500. This gain is attributed to Nvidia’s stock performance, which has seen an increase of over 21% in value since Pelosi’s acquisition, according to Finbold.Here is where your most successful angel investment may be hidden.Pelosi’s investment decisions and their timing have been a topic of debate. While some criticize her for potential insider trading, others commend her strategic investment choices. The rise in Nvidia’s stock value, partly because of the high demand for its chips in
Nancy Pelosi Made $500,000 From Her Nvidia Bet, Doubling Her Annual Government Salary In Just 2 MonthsDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.