This Wall Street genius has started shorting chip manufacturers, with put options valued at $8.47 billion. Including Nvidia, Oracle, AMD, Micron, ASML, TSMC, and others.


However, most of the funds he manages are invested in AI infrastructure-related stocks, holding large amounts of power and infrastructure stocks, such as TSMC.
So I can only interpret this move as an insurance hedge, a hedging operation, and not necessarily a bearish bet.
If he were truly bearish, he would sell the AI infrastructure stocks he holds!
AMD-2.5%
ASML-1.28%
TSM-1.27%
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