1/8/2024, 2:36:04 pm

Billionaires Are Selling Nvidia Stock and Buying 2 Turbocharged AI Stock

Nvidia's sharp rise in value has led professional money managers to become cautious, reducing their stakes in the chipmaker. The hedge fund billionaires below contributed to that trend by selling shares of Nvidia and buying shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) or ServiceNow (NYSE: NOW) during the quarter.