Reported about 14 hours ago
Billionaire investor Jeff Yass has reduced Susquehanna International Group's stake in Nvidia by 29%, selling about 5.6 million shares while simultaneously purchasing 2.2 million shares of Micron Technology, increasing its position by 46%. This strategic shift reflects Yass' belief in the long-term growth potential of Micron's memory and storage solutions in the evolving landscape of artificial intelligence, contrasting with his skepticism about Nvidia's future growth following its significant stock increase over the past two years.
Source: YAHOO