Billionaire Investor Shifts from AT&T to Controversial AI Stock

Reported 20 days ago

Billionaire Israel Englander has significantly reduced Millennium Management's investment in AT&T by selling 40% of their shares, despite the company's strong recent performance. Instead, he is heavily investing in Super Micro Computer, a controversial AI stock that has raised red flags due to allegations of accounting manipulation and ongoing investigations. While Super Micro is benefiting from the AI boom, potential issues could affect its future growth.

Source: YAHOO

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