Nvidia Stock vs. Taiwan Semiconductor Stock: Billionaire Ken Griffin Buys One and Sells the Other

Interestingly, while Nvidia (NASDAQ: NVDA) and Taiwan Semiconductor (NYSE: TSM) are both positioned to benefit from demand for artificial intelligence (AI) infrastructure, Griffin bought one stock and sold the other in the third quarter. Nvidia: Griffin bought 4.7 million shares, increasing Citadel’s position by 194%. Taiwan Semiconductor: Griffin sold 135,556 shares, trimming Citadel’s stake by 7%.

Prediction: This Artificial Intelligence (AI) Stock Is Going to Soar Higher After Nov. 26

Dell Technologies (NYSE: DELL) has been in sizzling form on the stock market so far in 2024, rising an impressive 76% as of this writing. The stock’s 2024 rally will be put to the test when Dell releases its fiscal 2025 third-quarter results on Tuesday, Nov. 26. Let’s see what investors can expect from Dell when it releases its quarterly report, and check if its guidance is going to be solid enough to help it sustain its impressive rally.

Nvidia Has $71 Million Invested in These Smaller-Cap AI Stocks

Nvidia (NASDAQ: NVDA) is reporting tremendous demand for its graphics processing units (GPUs). It supplies these chips for gaming, data centers, automotive, and artificial intelligence (AI) researchers. All that demand is generating plenty of excess revenue for Nvidia and the company is looking for ways to put that money to good use.