Billionaire David Tepper Piled Into Nvidia, TSMC, and Intel, and Sold Shares of the No. 1 Artificial Intelligence (AI) Stock Among Billionaire Fund Managers
The Motley Foolยท2025-08-25 07:51Appaloosa's billionaire investor went on an AI hardware buying spree during the second quarter, while simultaneously sending shares of money managers' favorite AI stock to the chopping block.For three years, the evolution of artificial intelligence (AI) hardware and software solutions has dominated the newswires on Wall Street -- and with good reason. Based on one estimate from the analysts at PwC, AI can lift global gross domestic product by $15.7 trillion in 2030. This is a big enough pie where a long lis ...