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Key Investment Moves by David Tepper
In Q3 2025, billionaire hedge fund manager David Tepper initiated a significant position in Advanced Micro Devices (AMD), purchasing 950,000 shares valued at $153.7 million. This move is part of his strategy to increase exposure in the AI sector, as AMD’s share price has surged nearly 70% since the end of Q3, following a strategic partnership with OpenAI.
Tepper also increased his stake in Chinese tech giant Baidu by 67.2%, making the investment amidst a 30% rise in Baidu’s stock since the end of Q3. Additionally, he grew his position in Qualcomm by 255.7%, although its stock has seen only a modest gain in that timeframe. These investments highlight Tepper’s focus on companies poised for growth in the AI and technology sectors.
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