Billionaire Philippe Laffont Sold Coatue's Entire Stake in Super Micro Computer and Piled Into This Artificial Intelligence (AI) Goliath for the First Time in 9 Quarters

What makes Laffont such an intriguing fund manager to follow is his penchant for investing in the artificial intelligence (AI) space. During the second quarter, Coatue Management's 13F shows that its billionaire boss completely exited his fund's stake in Super Micro Computer (SMCI -0.89%) while concurrently piling into the face of the AI revolution. Super Micro Computer is shown the door by Coatue Management's billionaire chief According to Coatue's 13F, Philippe Laffont jettisoned more than a dozen stocks ...