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Billionaire Hedge Funds Double Down on AI Stocks, Signaling Continued Bullish Momentum
Billionaire Hedge Funds Double Down on AI Stocks, Signaling Continued Bullish Momentum
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BTCCSquare news:
Philippe Laffont's Coatue Management reversed course on Nvidia (NVDA), increasing its stake by 34% in Q2 after three consecutive quarters of sell-offs. The move mirrors growing institutional conviction in AI infrastructure plays as the chipmaker prepares to capitalize on data center demand.
Other hedge fund heavyweights are making similar bets, with multiple billionaires accumulating positions across the AI value chain. These coordinated moves suggest sophisticated investors see years of runway for AI adoption—a trend with potential spillover effects for crypto projects bridging AI and blockchain.
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