5 Stocks Billionaire David Tepper Just Bought and Sold

4. NVIDIA Corporation (NASDAQ:NVDA)

Appaloosa Management’s Q3 2023 Investment: $445 million

Bought Or Sold: Bought

Percentage Increase or (-)Decrease: 1%

NVIDIA Corporation (NASDAQ:NVDA) is a chip company that’s been in the news this year due to its AI products. The firm is due to reveal its latest earnings report soon, and should it post another blowout quarter, then both the stock and the broader market might be affected.

As of June 2023, 175 out of the 910 hedge funds tracked by Insider Monkey had held a stake in the company. NVIDIA Corporation (NASDAQ:NVDA)’s largest hedge fund shareholder in 2023’s September quarter was Rajiv Jain’s GQG Partners as it owned $6.1 billion worth of shares.

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