Ken Griffin Sells Nearly $1B in Nvidia Shares, Sparking Wall Street Speculation

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Source: Yahoo Finance
Ken Griffin Sells Nearly $1B in Nvidia Shares, Sparking Wall Street Speculation
Photo: Yahoo Finance
TL;DR Summary

Ken Griffin's Citadel has sold nearly 80% of its Nvidia stake, amounting to $993 million, despite Nvidia's strong market position and future prospects in AI chip supply. This move, while raising questions, may simply reflect a strategic repositioning by Griffin, capitalizing on Nvidia's high stock prices. Nvidia continues to dominate the AI chip market, with significant future investments and demand for its upcoming Blackwell chips.

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