--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/42453543.md" description: "πŸ“Š πˆππ•π„π’π“πŽπ‘ ππŽπ“π„: David Tepper’s Appaloosa Gains 32% in H1 on AI Memory Chip Bets - Bloomberg - $Micron Tech(MU.US) πŸ‘‰ 𝐊𝐞𝐲 𝐇𝐒𝐠𝐑π₯𝐒𝐠𝐑𝐭𝐬:➀ π€π©π©πšπ₯𝐨𝐨𝐬𝐚 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 posted a πŸ‘πŸ% gross return in H1 2026.➀ All gains were generated during 𝐐𝟐 πŸπŸŽπŸπŸ”, according to Bloomberg.➀ Top winners included 𝐌𝐒𝐜𝐫𝐨𝐧, Samsung Electronics, SK Hynix, Kioxia, and Sandisk.➀ AI-driven demand for π‡ππŒ and 𝐍𝐀𝐍𝐃 memory fueled the portfolio's performance.➀ Appaloosa maintained an average πŸ’πŸŽ% cash position despite strong returns.➀ Approximately πŸ—πŸŽ% of fund capital belongs to David Tepper and insiders.➀ Appaloosa gained nearly πŸπŸ”% in 2024 and has delivered double-digit annual returns since 2021.➀ Investors are watching 𝐌𝐒𝐜𝐫𝐨𝐧'𝐬 upcoming earnings for updates on HBM demand and supply.πŸ‘‰ 𝐖𝐑𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:➀ Reinforces institutional conviction in the π€πˆ 𝐦𝐞𝐦𝐨𝐫𝐲 investment theme.➀ Highlights continued strength in π‡ππŒ and data-center infrastructure demand.➀ Tepper's large cash position suggests continued 𝐦𝐚𝐜𝐫𝐨 caution despite bullish AI bets." datetime: "2026-07-06T19:35:39.000Z" locales: - [en](https://longbridge.com/en/topics/42453543.md) - [zh-CN](https://longbridge.com/zh-CN/topics/42453543.md) - [zh-HK](https://longbridge.com/zh-HK/topics/42453543.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" --- # πŸ“Š πˆππ•π„π’π“πŽπ‘ ππŽπ“π„: David Tepper’s Appal… ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [EEM.US](https://longbridge.com/en/quote/EEM.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md)