Inside Nancy Pelosi's huge net worth as ex-Speaker dumps Nvidia stock for DeepSeek AI

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Inside Nancy Pelosi's huge net worth as ex-Speaker dumps Nvidia stock for DeepSeek AI

//business-finance.news-articles.net/content/202 .. -speaker-dumps-nvidia-stock-for-deepseek-ai.html

Published in Business and Finance on Monday, January 27th 2025 at 20:20 GMT by MSN

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Nancy Pelosi has earned millions of dollars from investing in profitable tech stocks in recent years. The 84-year-old Democrat, who is recovering from emergency hip surgery after a fall, made history in 2007 as the first woman to be elected Speaker of the House of Representatives,

2025-01-27 220 x 130 / 5052 Bytes

Nancy Pelosi, the former Speaker of the U.S. House of Representatives, has a significant net worth, estimated to be between $40 million and $260 million, largely due to her and her husband Paul Pelosi's investments. Recently, she sold off her shares in Nvidia, a leading AI chip company, and invested in DeepSeek AI, a startup focused on developing AI technologies for various applications. This move reflects a strategic shift in her investment portfolio towards emerging AI technologies. The article also discusses the broader implications of politicians' stock trading, highlighting potential conflicts of interest and the ongoing debate about whether members of Congress should be allowed to trade individual stocks. Additionally, it touches on the performance of Nvidia, which has seen its stock value soar due to the AI boom, and the potential of DeepSeek AI in the competitive AI market.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/inside-nancy-pelosi-s-huge-net-worth-as-ex-speaker-dumps-nvidia-stock-for-deepseek-ai/ar-AA1xXW66 ]