In the second quarter, billionaire David Tepper of Appaloosa Management increased his stakes in Nvidia, TSMC, and Intel, focusing on AI hardware stocks. However, he sold a significant portion of his stake in Meta Platforms, despite it being a favorite among billionaire fund managers. Tepper’s actions reflect caution amid uncertainty in the global economy and advertising revenue. Wall Street’s top-tier fund managers are sending mixed signals on AI revolution stocks, creating opportunities for investors.

Read more at Nasdaq: Billionaire David Tepper Piled Into Nvidia, TSMC, and Intel, and Sold Shares of the No. 1 Artificial Intelligence (AI) Stock Among Billionaire Fund Managers