Billionaire David Tepper Slashed His Position in Nvidia. Here Are the Artificial Intelligence (AI) Stocks He Bought Instead.
David Tepper amassed a fortune of $20.6 billion by making plenty of smart decisions. Some investors will probably question one of his recent decisions, though. In the fourth quarter of 2023, Tepper sold nearly 23% of his Appaloosa Management hedge fund’s position in Nvidia (NASDAQ: NVDA). In retrospect, that doesn’t appear to be a great …
