Should You Sell Nvidia; Buy China? That's What This Billionaire Investor Is Doing
Tepper's fund dumped 3.73 million shares of Nvidia, or roughly $450 million worth of the top artificial intelligence (AI) stock, in Q2. That wasn't quite all of Appaloosa's stake. But it was more than 84% of it, leaving the fund with just 690,000 shares, representing roughly $90 million worth of the stock.
Optimism about rate cuts made it a great quarter for income-oriented fund investors after several months of lackluster ...
China's AI companies remain on track to further narrow the performance gap with their US peers as earlier concerns about ...
In a statement from the Institute of AI at China Telecom, published on WeChat and reported by the South China Morning Post, ...
In a move to strengthen its semiconductor industry and counter U.S. sanctions, Beijing is reportedly encouraging Chinese ...
Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia ...
Nvidia stock has skyrocketed nearly 8x during the Biden Administration. Could a second Trump term spark a bigger run?
Jim Cramer recommends caution on Nvidia and Apple, and suggests considering Alibaba for potential rebound. Short sellers may ...
Shares in Cambricon and Semiconductor Manufacturing International Corp (SMIC), which are both partially owned by the Chinese ...
Welcome to Next China. Each week, we take you inside the economic giant that is China. To subscribe to this newsletter ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback