During the third quarter, billionaire hedge fund managers Cliff Asness, Israel Englander, and Steven Cohen purchased shares of Nvidia and Western Digital. These companies have seen substantial growth, with Nvidia up 1,180% and Western Digital up 830% since January 2023. Asness, Englander, and Cohen all have confidence in these stocks, despite their already impressive performance. Nvidia dominates the AI infrastructure market with its GPUs and full-stack strategy, while Western Digital leads in hard disk drives, a key component for AI infrastructure. Both companies are expected to continue their growth trajectory in the coming years.

Read more at Nasdaq: Billionaires Buy 2 Artificial Intelligence (AI) Stocks Up 830% and 1,180% Since 2023