David Tepper’s Appaloosa LP revealed new positions in both Advanced Micro Devices Inc. and Apple Inc. in a Securities and Exchange Commission filing late Monday, while dumping a position in Tesla Inc. it acquired a quarter ago.
In the quarterly filing, Appaloosa reported a new 2.3 million-share position in Advanced Micro Devices Inc. AMD and a 480,000-share position in Apple Inc. AAPL . Tepper also increased his stake in Nvidia Corp. NVDA by 580% to just over 1 million shares and more than doubled his stake in Meta Platforms Inc. META to 1.5 million shares.
On Friday, George Soros also reported new positions in AMD, Nvidia and Microsoft, which is heavily invested in OpenAI’s ChatGPT generative artificial intelligence, while also dumping Salesforce.