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Forget Nvidia: Billionaires Are Selling It and Buying This Top Artificial Intelligence (AI) Rival Hand Over Fist Instead
IntelIntel(US:INTC) The Motley Foolยท2024-06-11 09:06

More than a half-dozen prominent billionaire investors dumped shares of Nvidia during the March-ended quarter, with many of these top-tier asset managers choosing to buy shares of a key competitor.Over the last 30 years, Wall Street and investors have seen no shortage of next-big-thing investment trends come and go. But no promised high-growth trend has come anywhere close to matching what the advent of the internet did for corporate America -- that is, until now.According to the analysts at PwC, artificial ...