Philippe Laffont Doubles Down on Nvidia and CoreWeave Amid AI Infrastructure Boom

Billionaire Philippe Laffont, head of $70 billion hedge fund Coatue Management, has doubled his investments in Nvidia and CoreWeave, a key AI-cloud collaborator. Laffont's strategy focuses on AI infrastructure rather than server shipments, and he has also invested in Oracle and Arm, diversifying his portfolio beyond semiconductors. His bets on Nvidia and CoreWeave underscore the growing importance of AI and cloud technologies in the market.

Billionaire Philippe Laffont, head of the $70 billion hedge fund Coatue Management, has significantly boosted his investments in Nvidia and CoreWeave, key players in the AI and cloud sectors. Laffont's strategic focus on AI infrastructure rather than traditional server shipments has been evident in his recent portfolio moves. Additionally, Coatue Management has invested in Oracle and Arm, diversifying its portfolio beyond semiconductors.

In the second quarter of 2025, Coatue Management increased its stake in Nvidia by approximately 34%, taking its holdings to 11.5 million shares [2]. The fund also added a massive 3.39 million shares of CoreWeave Inc., taking its stake to roughly $2.9 billion. CoreWeave, an AI-cloud collaborator, posted $1.21 billion in sales and expanded its backlog to $30.1 billion, while hiking 2025 guidance despite scale-up losses [2].

Furthermore, Coatue Management unveiled a new position in Oracle Corporation, valued at over $843.3 million. This investment comes as Oracle's stock surged more than 56% in the second quarter, driven by the strength of its cloud infrastructure business in supporting AI models [3]. The fund also initiated a $749.4 million position in Arm Holdings, a British semiconductor and software design company [3].

Laffont's strategy of betting on AI infrastructure and platform names has been evident in his recent portfolio moves. He has significantly reduced his exposure to Chinese tech companies, cutting his stake in Alibaba by 77% and exiting his position in Super Micro Computer Inc. [2].

These strategic moves by Coatue Management highlight the growing importance of AI and cloud technologies in the investment landscape. As companies continue to develop and implement AI, investments in AI infrastructure and platform names are likely to remain attractive.

References:
[1] https://www.benzinga.com/markets/hedge-funds/25/08/47134828/philippe-laffonts-coatue-management-adds-oracle-ups-nvidia-broadcom-stake-in-q2
[2] https://finance.yahoo.com/news/billionaire-fund-manager-doubles-down-184700791.html
[3] https://theoutpost.ai/news-story/coatue-management-doubles-down-on-ai-investments-adds-oracle-to-portfolio-19110/