Billionaire investors are buying Amazon and selling Nvidia, optimistic about Amazon's AI potential

From Nasdaq: 2025-02-01 13:08:00

Billionaire investors are capitalizing on the artificial intelligence (AI) boom, driving gains in major indexes like the S&P 500 and Nasdaq. Nvidia, a key player in AI chip design, saw its stock surge 171% last year, while Amazon’s cloud unit AWS reported a $110 billion revenue run rate, with shares rising 44%.

Some of the world’s top billionaire investors have been buying Amazon and selling Nvidia, according to their latest 13F filings. While Stanley Druckenmiller sold all his Nvidia shares, other funds like Caxton Associates increased their Amazon holdings by over 400%. Billionaires are eyeing Amazon for potential AI gains.

Amazon is leveraging AI in e-commerce and cloud computing, with AI-powered robotics improving efficiency in fulfillment centers. AWS’s AI products have supercharged revenue growth, positioning Amazon for success in the agentic AI era. Billionaire investors are betting on Amazon’s AI potential for future gains in the market.

Investors are considering Amazon as a prime AI investment opportunity, with potential for significant growth in the coming years. The Motley Fool’s Stock Advisor team has identified 10 top stocks for investors to buy, excluding Amazon, which has a solid track record of delivering substantial returns to investors since 2002.



Read more at Nasdaq: Amazon vs Nvidia: Billionaires Are Buying One and Selling the Other