Billionaire Jeff Yass Divests Nvidia Stake and Invests in Meta Platforms

Reported 3 days ago

Billionaire Jeff Yass has sold 29% of Susquehanna International's stake in Nvidia, amounting to around $722 million, as he shifts focus toward investing in Meta Platforms. Susquehanna raised its investment in Meta by 54%, which is seen as a promising opportunity in the booming AI sector, despite the company's significant expenditures on AI infrastructure.

Source: YAHOO

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