Billionaire Jeff Yass Increased Susquehanna's Position in Nvidia's Largest Competitor by 94%. Time to Buy?
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Billionaire Jeff Yass has significantly increased Susquehanna's investment in Nvidia's largest competitor by 94%, highlighting the growing interest in AI investments. This move suggests potential opportunities in AI-focused tech stocks.
November 29, 2024 | 1:15 pm
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Jeff Yass has increased Susquehanna's position in AMD, Nvidia's largest competitor, by 94%. This indicates a strong belief in AMD's potential in the AI sector.
The significant increase in investment by a prominent investor like Jeff Yass suggests a positive outlook for AMD, especially in the AI sector where it competes with Nvidia. This could lead to increased investor interest and a potential rise in AMD's stock price.
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