Reported 7 months ago
Billionaire investor Philippe Laffont is selling off significant shares of artificial intelligence leaders Nvidia and AMD, reducing his holdings by 80% and 50% respectively, while increasing his investment in Chipotle Mexican Grill following its recent stock split. Laffont's moves reflect concerns about market bubbles and competition in AI, alongside a positive outlook for Chipotle's strong brand and innovation, despite its high valuation.
Source: YAHOO