Appaloosa Management Increases Stake in Amazon and Adds Sandisk Position
Appaloosa Management, led by David Tepper, significantly increased its stake in Amazon to $900 million during the first quarter. The firm also added a new position in SanDisk worth approximately $179 million and made other strategic moves across AI-related sectors such as semiconductors and cloud infrastructure.
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Topics: AI investing Appaloosa Management cloud infrastructure David Tepper semiconductors