Reported 1 day ago
Billionaire hedge fund manager Ken Griffin, known for his successful investment strategies, has sold off shares of Tesla for the fourth consecutive quarter while massively increasing his stake in Nvidia, which has skyrocketed 1,100% since 2023. Tesla has faced declining automotive sales but is pursuing new opportunities in robotaxis and robotics, while Nvidia dominates the AI chip market, indicating Griffin's strategic shift to capitalize on the growth of AI technology.
Source: YAHOO