Forget Nvidia—Tepper Just Banked $57 Million On This Under-The-Radar AI Play
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Billionaire hedge fund manager David Tepper of Appaloosa Management has made significant gains this summer, banking $57 million from his investment in Taiwan Semiconductor Manufacturing Co. (TSM), which surged nearly 25% in three months. Tepper held 1.02 million shares of TSM, valued at $232 million as of June 30, 2025. His strategy of combining high-profile stocks like Nvidia with less obvious players like TSM has yielded nearly $93 million in total gains, showcasing his ability to identify lucrative opportunities in the AI sector.
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