Leopold Aschenbrenner’s Situational Awareness fund took a “short” position on popular AI stocks last quarter, while maintaining a big long position in Intel despite its 50% rise. The fund’s bets hint at possible disruption from Intel’s 18A node or a valuation call. Aschenbrenner, a 23-year-old former OpenAI researcher, shocked investors with his third-quarter trades, going against the AI boom he previously believed in. His fund’s surprising moves, including shorting Nvidia, Taiwan Semiconductor, and Broadcom, have raised questions and speculation about his strategy and motivations. As AI investors track Situational Awareness, Aschenbrenner’s contrarian bets continue to generate interest and intrigue.

Read more at Yahoo Finance: This OpenAI Researcher-Turned-Hedge Fund Manager Is Long Intel and Short Nvidia, TSMC, and Broadcom. Is a Changing of the Guard on the Horizon?