Terry Smith Shuns Nvidia Shares on Fears AI Hype Is Overblown

(Bloomberg) — Nvidia Corp.’s stock has almost tripled this year, and Wall Street analysts are overwhelmingly positive on the chipmaker. Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationBut, Terry Smith isn’t impressed.The money manager, who’s been dubbed by the UK press as Brita