Nvidia shares fall sharply: How safe is pension money?
Published
The shares of US chipmaker Nvidia fell significantly on the trading day. The price dropped by just over 6 percent. Media outlets cite an affair involving company chief Jensen Huang as the reason. Details of this affair are only briefly covered in the reports so far.
The price decline has also raised questions about old-age pension savings. As a report from the Swiss portal Blick shows, pension funds in Switzerland also hold stakes in US technology companies such as Nvidia. For many people, this raises the question of whether their retirement provision could be affected.
In Germany, too, many investors are indirectly invested in large US tech stocks through funds and ETFs. These include, for example, Riester contracts, fund savings plans, or occupational pension schemes. Anyone who holds a broadly diversified fund generally holds Nvidia as just one stock among many. A price decline in a single share therefore usually affects the overall portfolio only to a limited extent.
In the report, an expert also comments on possible risks for investors. The further development of the Nvidia share price depends on how the affair unfolds and how the market reacts. Investors should follow the situation closely and review their investments regularly.
Sources: Blick
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