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2024-11-22 14:55:24
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2024-11-22 14:55:24Event JSON
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"Billionaire Ken Griffin Increased His Stake in This Artificial Intelligence (AI) Semiconductor Stock by 172% (Hint: It's Not Nvidia)"
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"Citadel Advisors, a prestigious hedge fund, has been increasing its stake in Intel over the last three quarters, with a significant purchase of 11.7 million shares in the last three months. The fund's decision to double down on Intel may be due to its expectation that the company will benefit from the CHIPS Act, a government initiative to support domestic semiconductor manufacturing. However, Intel's stock has been struggling, and the company's operational stumbles have raised concerns about its investment prospects."
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