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The chipmaker said in an SEC filing this week that it held investments in Arm Holdings, SoundHound AI, and biotech company Recursion Pharmaceuticals, as of 31 December 2023. Who are the GRANOLAS? A look at Europe’s ‘Magnificent Eleven’ stocksFollowing the update, the share prices of the companies climbed, reflecting investor sentiment around anything AI related and linked to Nvidia. At the end of trading on Thursday, Arm’s share price was up 5.76% while SoundHound AI rose 66% – and Recursion Pharmaceuticals climbed 13.83%. So far, however, Nvidia has been the biggest beneficiary of the interes…

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