Nvidia (NASDAQ: NVDA) has been a leading choice for investors in the AI sector, with its stock surging 1,500% over the past five years due to consistent revenue growth. However, some billionaires, including Stanley Druckenmiller and David Tepper, have sold or reduced their Nvidia shares, shifting their focus to other emerging AI stocks that have also shown significant gains.
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Wolfspeed Soared Today — Is the Stock a Buy?
Wolfspeed (NYSE: WOLF) stock surged 8.4% in Tuesday's trading, driven by speculative momentum and chip industry news, despite no specific business updates, following its Chapter 11 bankruptcy filing in June. Remarkably, the stock has risen 273% since the bankruptcy announcement, with early gains reaching 22.9%. Explain It To Me Like I'm 5: Wolfspeed's stock went up a lot today, even though there wasn't any big news, because people are excited about the company and hoping...
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