Ken Griffin's Strategic Moves: Buying Nvidia and Selling Taiwan Semiconductor

Reported about 18 hours ago

Billionaire Ken Griffin has made significant changes to his portfolio by purchasing 4.7 million shares of Nvidia, boosting Citadel's stake by 194%, while selling 135,556 shares of Taiwan Semiconductor, reducing his holdings by 7%. This shift indicates a growing confidence in Nvidia's dominance in AI technologies, evidenced by its impressive financial performance and market leadership in GPUs. In contrast, despite a strong quarter for Taiwan Semiconductor, Griffin seems less confident in this stock, raising questions about its future potential in the rapidly evolving semiconductor industry.

Source: YAHOO

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