Why Did Billionaire Ken Griffin Sell $993 Million in Nvidia Stock?

Reported 23 days ago

Billionaire Ken Griffin, CEO of Citadel, recently sold almost 80% of his Nvidia stock, amounting to approximately $993 million. Despite Nvidia being a top performer in the AI chip market, this move has prompted speculation about whether Griffin has insights that could signal a shift in market dynamics. However, given Nvidia's continued growth and demand for its chips, the sale may simply reflect a strategic repositioning rather than a lack of confidence in the company's future.

Source: YAHOO

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