Billionaires Switch from Nvidia to Top-Rated AI Stocks

Reported 2 months ago

In a recent shift, billionaire hedge fund managers are selling off shares of Nvidia and reallocating their investments into two highly rated artificial intelligence stocks: Amazon and Taiwan Semiconductor. Ken Griffin from Citadel Advisors and Philippe Laffont from Coatue Management significantly increased their stakes in Amazon, which holds a favorable buy rating from 95% of analysts, while also recommending Taiwan Semiconductor, which boasts a near-perfect buy rating from 98% of analysts.

Source: YAHOO

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