Billionaire David Tepper of Appaloosa Sells 5 Prominent AI Stocks Amid AI Industry Concerns
ByAinvest
Friday, May 30, 2025 3:52 am ET1min read
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Billionaire David Tepper's Appaloosa Management sold 5 prominent AI stocks in Q1, including AMD, Intel, Lam Research, Nvidia, and Microsoft. Tepper's net selling of AI stocks may signal bigger issues, as demand for AI-graphics and AI-chips has driven these stocks higher. The worry is that Tepper's selling could indicate a slowdown in the AI revolution or a market correction.
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