Billionaire Philippe Laffont Is Dumping Shares of Artificial Intelligence (AI) Leaders Nvidia and AMD in Favor of a Tasty Stock-Split Stock

Billionaire Philippe Laffont Is Dumping Shares of Artificial Intelligence (AI) Leaders Nvidia and AMD in Favor of a Tasty Stock-Split Stock

Coatue has sold 39,663,859 shares of Nvidia and Laffont sold 4,249,190 shares of AMD over 18 months. Concerns over AI bubble, gross margins, and insider selling led to these decisions.

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