Billionaire Jeff Yass Increased Susquehanna's Position in Nvidia's Largest Competitor by 94%. Time to Buy?

Right now, there is no hotter area to invest than artificial intelligence (AI). Over the last two years, AI's most lucrative opportunities have been concentrated in a small cohort of megacap tech stocks known as the "Magnificent Seven." And within the Magnificent Seven, semiconductor darling Nvidia has emerged at the forefront of the pack.On the surface, investing in Nvidia makes all the sense in the world if you want exposure to AI. However, smart investors understand that sometimes the most obvious opportunities do not necessarily make the wisest investments.Take Jeff Yass as an example. The billionaire co-founder of Susquehanna International Group (SIG) has been selling Nvidia stock over the last year, while piling into many other names in the chip realm.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool