Billionaires Sell Nvidia Stock and Buy an AI Stock Up 2,000% Since Early 2023

Nvidia (NASDAQ: NVDA) has been one of the biggest winners since ChatGPT started the artificial intelligence (AI) boom in late 2022. The company's trailing-12-month earnings per share have increased 1,690% since the fiscal year that ended in January 2023, and its share price has increased 715%.Yet several prominent hedge fund managers sold Nvidia during the first quarter and added shares of Palantir Technologies (NASDAQ: PLTR), a stock that has returned 2,000% since January 2023.The trades detailed above were made in the first quarter, so investors need to reassess both companies before deciding to buy or sell either stock. Here are the details.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool