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Billionaire Jeff Yass Increased Susquehanna's Position in Nvidia's Largest Competitor by 94%. Time to Buy?
AMDAMD(AMD) The Motley Fool·2024-11-29 13:00

Jeff Yass of Susquehanna International Group has been selling Nvidia stock and quietly building a position in its biggest competitor.Right now, there is no hotter area to invest than artificial intelligence (AI). Over the last two years, AI's most lucrative opportunities have been concentrated in a small cohort of megacap tech stocks known as the "Magnificent Seven." And within the Magnificent Seven, semiconductor darling Nvidia has emerged at the forefront of the pack.On the surface, investing in Nvidia ma ...