Billionaire David Tepper Reducing AI Stocks, But Makes Exception for Broadcom

Form 13Fs are filed quarterly, allowing investors to track which stocks Wall Street’s money managers are buying and selling. David Tepper of Appaloosa reduced exposure to AI stocks, but purchased one leading AI stock during the March-ended quarter. Tepper has been decreasing AI stock holdings over the past year, except for one exception – networking specialist Broadcom. Tepper opened a 130,000-share position in Broadcom during the first quarter of 2025. While most AI stocks have surged, the possibility of an AI bubble bursting could impact their performance. Tepper’s reduction in AI stock holdings may be due to profit-taking or concerns about regulatory issues and tariffs. Broadcom’s diverse business operations and valuation may have attracted Tepper to invest in the company. Tepper’s continued selling of AI stocks makes Broadcom the only exception. The Motley Fool Stock Advisor analyst team does not include Broadcom in their top 10 stock picks.

Read more at Nasdaq: Billionaire David Tepper of Appaloosa Has Been Selling Artificial Intelligence (AI) Stocks en Masse, With One Exception