This Billionaire Just Sold Nvidia and AMD Shares to Buy These AI Stocks
The Motley Fool
by newsfeedback@fool.com (Geoffrey Seiler)February 23, 2026
AI-Generated Deep Dive Summary
Billionaire investor David Tepper of Appaloosa Management has made significant moves in his portfolio during Q4, shifting away from AI chip stocks to focus on companies investing heavily in AI infrastructure. Tepper notably reduced his stakes in Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (AMD), trimming his Nvidia holdings by over 10% and cutting his AMD position by two-thirds. Despite these reductions, Nvidia remains one of Tepper's largest positions. This strategic shift highlights Tepper’s focus on AI-related opportunities beyond hardware companies.
The move reflects a broader trend among investors to allocate capital toward firms that are expanding their AI capabilities and infrastructure. By reallocating funds from established players like Nvidia and AMD to other AI-focused stocks, Tepper is signaling confidence in the long-term growth of AI technologies. This approach aligns with his investment philosophy of identifying companies positioned to benefit from emerging trends in technology.
For finance enthusiasts and investors, Tepper’s actions underscore the importance of staying attuned to shifts in market sentiment and technological advancements. His decision to reinvest in AI stocks suggests that he views this sector as a high-growth area, potentially offering significant returns for those willing to look beyond traditional tech giants. This strategy also highlights the dynamic nature of the stock market, where investor sentiment and company performance can drive rapid portfolio adjustments.
Ultimately, Tepper’s Q4 moves demonstrate howEven though he reduced his stakes in Nvidia and AMD, these remain key players in his portfolio. His reallocation to other AI stocks indicates a focus on innovation and future growth opportunities in
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Originally published on The Motley Fool on 2/23/2026