Highlights:
1.Portfolio Overview:d Nearly 58% of the investments in ID Tepper's Appaloosa management are focused on seven artificial intelligence (AI), including Meta Platforms, Microsoft, Amazon, NVIDIA, Alphabet, Alibaba, and Advanced Micro Devices (AMD). 2.The logic behind it: Tepper's investment in these seven is not just due to the recent generative AI boom. 3.Investment Outlook: Although Wall Street is only optimistic about Alibaba, one of Tepper's seven AIs**, believes it has more than 60% potential over the next 12 months. The Webmaster's House (chinaz.).COM) Feb. 4 News: D**ID Tepper's Carolina Leopards failed to make the NFL playoffs this year. However, there are other happy things for him. For example, his current net worth is as high as $20.6 billion. He is considered by many to be one of the greatest hedging managers of the last four decades.
Image source note: **Generated by AI, **authorized service provider MidjourneyIn the past, technology stocks were critical to the success of D**ID Tepper, and this is unlikely to change in the future. The billionaire currently invests nearly 58% of his Appaloosa management hedge** in just seven artificial intelligence (AI) companies. Here are the top seven AI** in the D**ID Tepper Appaloosa** portfolio, the latest 13F-HR report as of November 14, 2023:- Meta Platforms (NASDAQ:META): 1156% - Microsoft (NASDAQ:MSFT): 1019% - Amazon (NASDAQ:AMZN): 941% - NVIDIA (NASDAQ:NVDA): 880% - Alphabet (NASDAQ:GOOG): Accounts for 716% - Alibaba Group Holding (NYSE:BABA): accounted for 616% - Advanced Micro Devices (NASDAQ:AMD): 462% of the seven "Big Seven"**, in addition to Apple and Tesla, Meta, Microsoft, Amazon, Nvidia and Alphabet are the largest holdings of D**ID Tepper. The reason D**ID Tepper chose these seven AIs may not be just the recent boom in generative AI. For example, he has owned Meta** (then known as Facebook) since 2014. His Appaloosa's position on Alphabet began the following year. Perhaps the simplest reason why D**id Tepper invested so heavily in these seven is that he is optimistic about their growth prospects. For all of these companies, AI will play a key role in future growth. Meta has taken a different approach than other companies by open-sourcing much of its AI efforts. CEO Mark Zuckerberg believes that this approach will pay off in the long run. He said at the company's third-quarter earnings conference that open source "has increased adoption and created standards in the industry." Zuckerberg believes that Meta will eventually benefit from this. Microsoft, Amazon, Alphabet, and Alibaba, all of which operate cloud platforms, will experience significant growth as companies shift their IT spending to cloud computing, especially building AI applications. NVIDIA and Advanced Micro Devices (AMD) were the gold pickers during the gold boom. NVIDIA's graphics processing unit (GPU) is currently the leading standard for driving AI adoption, while AMD is competing for AI chip market share. Meta and Microsoft announced plans to use AMD's latest AI chips in December, suggesting a huge opportunity to replace NVIDIA. Although Wall Street is only optimistic about Alibaba, one of the seven AIs held by Tebin, with more than 60% potential in the next 12 months, the article believes that these seven AIs may be big winners for long-term investors. AI will be the biggest booster for these **, and is expected to drive the net worth of D**ID Tepper to more than $20.6 billion in the next few years.