Billionaires Dump Nvidia and Microsoft While Doubling Down on Amazon in Q4
• Billionaire investors sold large amounts of Nvidia and Microsoft stock in Q4 2022, possibly due to increased competition and high valuations.
• 8 billionaire investors bought substantial amounts of Amazon stock in Q4, lured by the high growth potential of AWS, subscriptions, and ads.
• Amazon is utilizing AI to improve Alexa voice interactions and help merchants create better ads.
• Nvidia dominates AI-focused data centers but faces future competition from AMD, Intel, Microsoft and Meta.
• Microsoft is investing in OpenAI and AI chips but remains expensive based on historical valuation multiples.