Billionaire Money Managers Are Selling Nvidia Stock Hand Over Fist, With One Notable Exception
From Nasdaq: 2025-06-12 03:51:00
Investors are heavily focused on artificial intelligence (AI), a technology with vast potential across industries. PwC predicts AI will impact global GDP by $15.7 trillion by 2030, creating numerous winners.
Nvidia’s market cap surged over $3 trillion in less than two years, driven by AI growth. However, billionaire investors have been selling Nvidia shares, except for Chase Coleman, who increased his fund’s stake.
Chase Coleman’s fund expanded its Nvidia stake from 9,683,550 to 10,967,550 shares. Factors like Nvidia’s GPU market dominance, AI-GPU scarcity, CEO Jensen Huang’s innovation timeline, and stock valuation influenced Coleman’s decision to invest more.
Most billionaire investors have been selling Nvidia stock, raising concerns about competition in AI-accelerated data centers and potential overvaluation. History suggests an eventual burst in the AI bubble, which could impact Nvidia the most.
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