Reported 11 months ago
Despite Nvidia's dominant position in AI with high-demand GPUs, several prominent billionaire investors have sold their shares, signaling a shift towards other top stocks. Notable billionaires like Philippe Laffont, Ken Griffin, and Israel Englander have been selling Nvidia shares while investing in companies like Taiwan Semiconductor Manufacturing, Hess, and Merck respectively. This shift in investment strategy indicates a growing competition in the AI sector and concerns over Nvidia's market share, prompting these billionaires to seek opportunities in other promising stocks.
Source: YAHOO