1. Alibaba is ranked first among seven AI stocks in Tepper’s top 10 holdings, with a large position due to China’s economic stimulus.
2. Tepper’s hedge fund, Appaloosa Management, increased its stake in Nvidia by 483%, making it a significant AI bet alongside Alibaba.
3. Tepper’s top 10 holdings include seven AI stocks, with Alibaba standing out as the biggest holding at 12.4% of his total portfolio.
4. Tepper’s interest in Alibaba stems from China’s economic stimulus and attractive valuations, despite the stock’s increased valuation and modest revenue growth.
5. Tepper reduced his stake in Alibaba by 23% in Q2, suggesting caution, but the stock remains a solid long-term investment for investors.

Read more at Nasdaq: Billionaire David Tepper’s Biggest Artificial Intelligence (AI) Bet (Hint: It’s Not Nvidia)