Billionaire Jeff Yass Reduced Susquehanna's Stake in Nvidia by 29% and Bought 2 Million Shares of This Other Artificial Intelligence (AI) Semiconductor Stock Instead
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Billionaire Jeff Yass, co-founder of Susquehanna International Group, has reduced SIG's stake in Nvidia by 29% and shifted investment to another AI semiconductor stock, purchasing 2 million shares.
November 27, 2024 | 1:00 pm
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Jeff Yass's Susquehanna International Group has reduced its stake in Nvidia by 29%, indicating a potential shift in investment strategy away from Nvidia.
The reduction of a significant stake by a major investor like Susquehanna could lead to a short-term negative impact on Nvidia's stock price as it may signal a lack of confidence or a strategic shift.
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