Philippe Laffont's hedge fund shifts AI chip investments, favoring Alphabet and Marvell

fool.com

Billionaire investor Philippe Laffont's hedge fund reduced stakes in Nvidia and AMD, while increasing holdings in Alphabet and Marvell Technology. Coatue Management trimmed its exposure to the leading AI chip designers by 14% and 19% respectively, while more than tripling its positions in Alphabet and Marvell. These moves suggest a strategic shift within the AI semiconductor market, diversifying beyond general-purpose chips into areas like cloud infrastructure and data center components.


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