<p>得益于互联网的出现，普通投资者不再难以获取信息。在每个季度的财报季节——大多数 <strong>S&amp;P 500</strong> 公司报告其运营结果的六周——以及每周的经济报告之间，投资者可能会感到不知所措，导致重要数据被忽视。</p>
<p>你可能没有意识到，但可以轻松描述为第三季度最重要的数据发布发生在八月中旬。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTU2MTMvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1tYXJrZXQtbGV2ZWwtMi1kYXRhLWludmVzdC1nZXR0eS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTU2MTMvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1tYXJrZXQtbGV2ZWwtMi1kYXRhLWludmVzdC1nZXR0eS5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<p>在每个季度结束后的 45 个日历日内，管理资产至少为 1 亿美元的机构投资者必须向证券交易委员会提交 13F 表格。简单来说，13F 告诉投资者华尔街最聪明的资金经理在最新季度（在这种情况下是截至 6 月的季度）购买和出售了哪些股票。</p>
<p>坦率地说，13F 远非完美。它们不列出空头头寸（如果存在的话），而且由于在季度结束后最多需 45 天提交，因此对于活跃的对冲基金来说，可能提供过时的信息。尽管如此，它们确实提供了关于哪些股票、行业、部门和趋势受到顶级资金经理关注的宝贵线索。</p>
<p>虽然 <strong>Berkshire Hathaway</strong> 的首席执行官沃伦·巴菲特可能是华尔街上最受关注的资产管理者，但其他一些亿万富翁投资者也往往吸引人群，包括 Coatue Management 的菲利普·拉丰。截止 6 月底，拉丰及其团队主要投资于颠覆性科技股票，管理的资产接近 257 亿美元。</p>
<p>但真正引人注目的是拉丰及其团队在华尔街三只最热门的人工智能（AI）股票上的操作。</p>
<h2>拉丰的 Coatue 大幅抛售了 Nvidia 和 Palantir 的股份</h2>
<p>在最近的记忆中，几乎没有比半导体巨头 <strong>Nvidia</strong>(NVDA -1.36%) 和基于云的数据挖掘专家 <strong>Palantir Technologies</strong>(PLTR -2.76%) 更热门的 AI 股票了。</p>
<p>对 AI 图形处理单元（GPU）的超乎寻常的需求使得 Nvidia 自 2023 年初以来增加了超过 3 万亿美元的市值。与此同时，Palantir 的股价在大约 22 个月内上涨了 601%。这一增长得益于其 AI 驱动的 Gotham 平台，该平台旨在帮助联邦政府规划和执行任务，以及收集数据。</p>
<p>尽管 Nvidia 和 Palantir 都具备竞争优势且不可替代，但拉丰和他的 Coatue 团队却果断地抛售了这两只股票。在 2023 年 3 月 30 日至 2024 年 6 月 30 日之间，拉丰监督了其基金在 Nvidia 中持股的 72% 的出售。相比之下，Coatue 的顶尖投资团队，包括拉丰，在截至 6 月的季度中抛售了 Palantir 的全部股份（4,816,195 股）。</p>
<p>尽管获利了结是可以解释这一抛售活动的合理原因，但还有其他阻力可能促使拉丰及其投资顾问选择跳船。</p>
<p>历史是无法忽视的事实，尤其是关于 Nvidia 的历史。包括 1990 年代中期的互联网在内，过去三十年没有任何下一件大事的创新或技术能够避免早期阶段的泡沫。换句话说，投资者有一个糟糕的习惯，即高估颠覆性技术成为主流的速度，而这在历史上对引领这些趋势的企业（如 Nvidia）最终结果都不佳。</p>
<p>此外，Nvidia 将面临一系列新的竞争。尽管外部竞争对手获得了大部分关注，但内部竞争可能是更大的担忧。Nvidia 的四大客户按净销售额排名均在开发自己的 AI GPU，这可能最终缩小 Nvidia 赢得宝贵数据中心 “房地产” 的机会。</p>
<p>至于 Palantir，估值可能是 Coatue 投资团队最关注的问题。尽管在规模上不可替代确实值得一定程度的估值溢价，但 Palantir 目前的估值为 2025 年预测每股收益（EPS）的 105 倍，以及预测收入的 29 倍。</p>
<p>考虑到 Gotham 的销售上限相对有限，这一估值极具攻击性。也就是说，Palantir 只会与美国政府及其盟友合作，这限制了该平台在国内边界之外的覆盖范围。</p>
<p>但当 Coatue 的顶尖投资者忙于将 Nvidia 和 Palantir 的股份送上砧板时，他们却在另一家顶级人工智能基础设施公司上大举增持。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTU2MTMvc2VtaWNvbmR1Y3Rvci1jaGlwLWVxdWlwbWVudC01Zy1lbGVjdHJvbmljcy1mYWItd2FmZXItbWFudWZhY3R1cmluZy1nZXR0eS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTU2MTMvc2VtaWNvbmR1Y3Rvci1jaGlwLWVxdWlwbWVudC01Zy1lbGVjdHJvbmljcy1mYWItd2FmZXItbWFudWZhY3R1cmluZy1nZXR0eS5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>拉丰在这家 AI 基础设施领导者的持股今年增加了超过 3500%</h2>
<p>在截至 6 月的季度中，拉丰及其团队进行了六项新购买，并增加了 21 项现有持股。虽然这些新增持股大多数相对较小，但其中一个持续引人注目的是拉丰对全球领先的芯片制造公司 <strong>台湾半导体制造</strong>(TSM -1.25%) 的大举购买。</p>
<p>当 2024 年开始时，Coatue Management 仅持有 312,466 股台湾半导体，这在该基金的市值排名中位列第 66 位。六个月后，它现在是第三大持股，总持股达到 11,393,702 股。这意味着在 2024 年上半年，总持股增加了超过 3500%。</p>
<p>正如你所想象的那样，围绕台积电的兴奋感与其在为人工智能加速的数据中心生产 GPU 方面的角色有关。Nvidia 的 H100 GPU（通常称为 “Hopper”）及其后续 GPU 架构（Blackwell）的订单积压，这意味着台积电将看到其服务的长期需求。</p>
<p>就台积电而言，该公司一直在积极投资其生产能力。虽然该公司计划到 2026 年实现每月 80,000 片晶圆的芯片 - 晶圆 - 基板（CoWoS）封装能力，但至少有一位华尔街分析师认为台积电的进度比计划提前了一年。高带宽内存的封装是人工智能加速数据中心的成本效益必要条件，这意味着台积电在供应链中扮演着至关重要的角色。</p>
<p>尽管人工智能无疑是推动台积电发展的强劲动力，但 Laffont 及其团队可能意识到，其生产远不止于 AI-GPU。例如，该公司负责制造所有苹果定制芯片，包括用于其市场领先的 iPhone 的芯片。</p>
<p>如果历史重演，未来某个时刻人工智能泡沫破裂，台积电在某种程度上将受到保护，因为它在人工智能成为热门事物之前就已经建立了多个销售渠道。虽然这些其他销售渠道无法提供与人工智能相同的增长潜力，但广泛的销售多样性最终对台积电来说是一个积极因素。</p>
<p>最后，Laffont 及其顾问可能会被台积电仍然具有吸引力的估值所吸引。尽管预测可能会变化，但该公司的股票以 2025 年预测每股收益的 24 倍进行估值，销售和盈利增长超过 20%。</p>

PLTR

<p>亿万富翁菲利普·拉丰（Philippe Laffont）通过其科图管理公司（Coatue Management）显著减少了对英伟达（Nvidia）和 Palantir 的持股，出售了其在英伟达的 72% 股份，并完全撤资于 Palantir。此决定是在对市场泡沫的担忧以及英伟达面临日益激烈的竞争和 Palantir 高估值的背景下做出的。相反，拉丰今年在另一家人工智能基础设施公司的投资增加了超过 3500%，这表明他正战略性地转向人工智能领域中更有前景的机会</p>

<p>Thanks to the advent of the internet, information is no longer at a premium for everyday investors. Between earnings season -- the six weeks every quarter where a majority of <strong>S&amp;P 500</strong> companies report their operating results -- and weekly economic reports, investors can become overwhelmed and allow important data to slip through the cracks.</p>
<div class="lb-trans"><p>得益于互联网的出现，普通投资者不再难以获取信息。在每个季度的财报季节——大多数 <strong>S&amp;P 500</strong> 公司报告其运营结果的六周——以及每周的经济报告之间，投资者可能会感到不知所措，导致重要数据被忽视。</p>
</div><p>You might not realize it, but what can easily be described as the most important data dump of the third quarter occurred in mid-August.</p>
<div class="lb-trans"><p>你可能没有意识到，但可以轻松描述为第三季度最重要的数据发布发生在八月中旬。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTU2MTMvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1tYXJrZXQtbGV2ZWwtMi1kYXRhLWludmVzdC1nZXR0eS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F795613%2Fmoney-manager-stock-chart-market-level-2-data-invest-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>No later than 45 calendar days following the end to a quarter, institutional investors with at least $100 million in assets under management (AUM) are required to file Form 13F with the Securities and Exchange Commission. In simple terms, a 13F tells investors which stocks Wall Street's smartest money managers purchased and sold in the latest quarter (in this case, the June-ended quarter).</p>
<div class="lb-trans"><p>在每个季度结束后的 45 个日历日内，管理资产至少为 1 亿美元的机构投资者必须向证券交易委员会提交 13F 表格。简单来说，13F 告诉投资者华尔街最聪明的资金经理在最新季度（在这种情况下是截至 6 月的季度）购买和出售了哪些股票。</p>
</div><p>To be upfront, 13Fs are far from perfect. They don't list short positions (if any exist), and since they're filed up to 45 days following the end to a quarter, they can provide stale information for active hedge funds. Nevertheless, they do offer invaluable clues as to which stocks, industries, sectors, and trends have the undivided attention of top-tier money managers.</p>
<div class="lb-trans"><p>坦率地说，13F 远非完美。它们不列出空头头寸（如果存在的话），而且由于在季度结束后最多需 45 天提交，因此对于活跃的对冲基金来说，可能提供过时的信息。尽管如此，它们确实提供了关于哪些股票、行业、部门和趋势受到顶级资金经理关注的宝贵线索。</p>
</div><p>While <strong>Berkshire Hathaway</strong> CEO Warren Buffett is probably the most-followed asset manager on Wall Street, a number of other billionaire investors also tend to draw a crowd, including Philippe Laffont of Coatue Management. Laffont and his team predominantly invest in game-changing tech stocks and were overseeing close to $25.7 billion in AUM, as of the end of June.</p>
<div class="lb-trans"><p>虽然 <strong>Berkshire Hathaway</strong> 的首席执行官沃伦·巴菲特可能是华尔街上最受关注的资产管理者，但其他一些亿万富翁投资者也往往吸引人群，包括 Coatue Management 的菲利普·拉丰。截止 6 月底，拉丰及其团队主要投资于颠覆性科技股票，管理的资产接近 257 亿美元。</p>
</div><p>But the real eyebrow-raiser is what Laffont and his team have been up to with three of Wall Street's hottest artificial intelligence (AI) stocks.</p>
<div class="lb-trans"><p>但真正引人注目的是拉丰及其团队在华尔街三只最热门的人工智能（AI）股票上的操作。</p>
</div><h2>Laffont's Coatue has aggressively sold shares of Nvidia and Palantir</h2>
<div class="lb-trans"><h2>拉丰的 Coatue 大幅抛售了 Nvidia 和 Palantir 的股份</h2>
</div><p>There arguably haven't been two hotter AI stocks in recent memory than semiconductor behemoth <strong>Nvidia</strong>(NVDA -1.36%) and cloud-based data-mining specialist <strong>Palantir Technologies</strong>(PLTR -2.76%).</p>
<div class="lb-trans"><p>在最近的记忆中，几乎没有比半导体巨头 <strong>Nvidia</strong>(NVDA -1.36%) 和基于云的数据挖掘专家 <strong>Palantir Technologies</strong>(PLTR -2.76%) 更热门的 AI 股票了。</p>
</div><p>Otherworldly demand for AI-graphics processing units (GPUs) has helped Nvidia tack on more than $3 trillion in market value since the start of 2023. Meanwhile, Palantir's shares are up a cool 601% in roughly 22 months. This gain has been fueled by its AI-driven Gotham platform, which is tasked with helping federal governments plan and execute missions, as well as gather data.</p>
<div class="lb-trans"><p>对 AI 图形处理单元（GPU）的超乎寻常的需求使得 Nvidia 自 2023 年初以来增加了超过 3 万亿美元的市值。与此同时，Palantir 的股价在大约 22 个月内上涨了 601%。这一增长得益于其 AI 驱动的 Gotham 平台，该平台旨在帮助联邦政府规划和执行任务，以及收集数据。</p>
</div><p>Despite both Nvidia and Palantir possessing competitive advantages and being irreplaceable, Laffont and his crew at Coatue have been decisive sellers of both stocks. Between March 30, 2023 and June 30, 2024, Laffont oversaw the sale of 72% of his fund's stake in Nvidia. Comparatively, Coatue's brightest investment minds, which includes Laffont, dumped the entirety of their stake in Palantir in the June-ended quarter (4,816,195 shares).</p>
<div class="lb-trans"><p>尽管 Nvidia 和 Palantir 都具备竞争优势且不可替代，但拉丰和他的 Coatue 团队却果断地抛售了这两只股票。在 2023 年 3 月 30 日至 2024 年 6 月 30 日之间，拉丰监督了其基金在 Nvidia 中持股的 72% 的出售。相比之下，Coatue 的顶尖投资团队，包括拉丰，在截至 6 月的季度中抛售了 Palantir 的全部股份（4,816,195 股）。</p>
</div><p>Although profit-taking is a logical reason that can sum up this selling activity, there are other headwinds that may have encouraged Laffont and his investment advisors to jump ship.</p>
<div class="lb-trans"><p>尽管获利了结是可以解释这一抛售活动的合理原因，但还有其他阻力可能促使拉丰及其投资顾问选择跳船。</p>
</div><p>History is the elephant in the room that can't be ignored, especially with regard to Nvidia. Including the internet in the mid-1990s, no next-big-thing innovation or technology for three decades has avoided an early stage bubble. In other words, investors have a terrible habit of overestimating how quickly game-changing technologies will become mainstream, and it historically ends up poorly for the businesses leading these trends, such as Nvidia.</p>
<div class="lb-trans"><p>历史是无法忽视的事实，尤其是关于 Nvidia 的历史。包括 1990 年代中期的互联网在内，过去三十年没有任何下一件大事的创新或技术能够避免早期阶段的泡沫。换句话说，投资者有一个糟糕的习惯，即高估颠覆性技术成为主流的速度，而这在历史上对引领这些趋势的企业（如 Nvidia）最终结果都不佳。</p>
</div><p>Additionally, Nvidia is set to face a slew of new competition. Though external competitors receive most of the spotlight, internal competition might be the bigger concern. All four of Nvidia's largest customers by net sales are developing AI-GPUs of their own, which could ultimately narrow the opportunity for Nvidia to win valuable data center &#34;real estate.&#34;</p>
<div class="lb-trans"><p>此外，Nvidia 将面临一系列新的竞争。尽管外部竞争对手获得了大部分关注，但内部竞争可能是更大的担忧。Nvidia 的四大客户按净销售额排名均在开发自己的 AI GPU，这可能最终缩小 Nvidia 赢得宝贵数据中心 “房地产” 的机会。</p>
</div><p>As for Palantir, valuation might be the most front-and-center concern for Coatue's investment team. While being irreplaceable at scale does deserve some level of valuation premium, Palantir is now valued at 105 times forecast earnings per share (EPS) for 2025, as well as a multiple of 29 times forecast revenue.</p>
<div class="lb-trans"><p>至于 Palantir，估值可能是 Coatue 投资团队最关注的问题。尽管在规模上不可替代确实值得一定程度的估值溢价，但 Palantir 目前的估值为 2025 年预测每股收益（EPS）的 105 倍，以及预测收入的 29 倍。</p>
</div><p>This is an extremely aggressive valuation given that Gotham's sales ceiling is somewhat limited. This is to say that Palantir will only work with the U.S. government and its allies, which limits the platform's reach beyond domestic borders.</p>
<div class="lb-trans"><p>考虑到 Gotham 的销售上限相对有限，这一估值极具攻击性。也就是说，Palantir 只会与美国政府及其盟友合作，这限制了该平台在国内边界之外的覆盖范围。</p>
</div><p>But while Coatue's brightest investors have been busy sending shares of Nvidia and Palantir to the chopping block, they've been absolutely piling into another top-tier artificial intelligence infrastructure player.</p>
<div class="lb-trans"><p>但当 Coatue 的顶尖投资者忙于将 Nvidia 和 Palantir 的股份送上砧板时，他们却在另一家顶级人工智能基础设施公司上大举增持。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTU2MTMvc2VtaWNvbmR1Y3Rvci1jaGlwLWVxdWlwbWVudC01Zy1lbGVjdHJvbmljcy1mYWItd2FmZXItbWFudWZhY3R1cmluZy1nZXR0eS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F795613%2Fsemiconductor-chip-equipment-5g-electronics-fab-wafer-manufacturing-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Laffont's stake in this AI infrastructure leader has increased by more than 3,500% this year</h2>
<div class="lb-trans"><h2>拉丰在这家 AI 基础设施领导者的持股今年增加了超过 3500%</h2>
</div><p>During the June-ended quarter, Laffont and his team made six new purchases and added to 21 existing holdings. While most of these additions were relatively small, the one that continues to stand out is Laffont's aggressive purchases of world-leading chip fabrication company <strong>Taiwan Semiconductor Manufacturing</strong>(TSM -1.25%).</p>
<div class="lb-trans"><p>在截至 6 月的季度中，拉丰及其团队进行了六项新购买，并增加了 21 项现有持股。虽然这些新增持股大多数相对较小，但其中一个持续引人注目的是拉丰对全球领先的芯片制造公司 <strong>台湾半导体制造</strong>(TSM -1.25%) 的大举购买。</p>
</div><p>When 2024 began, Coatue Management was holding just 312,466 shares of Taiwan Semi, and it was the fund's 66th-largest holding by market value. Six months later, it's now the third-biggest holding, with 11,393,702 total shares held. This works out to an increase of more than 3,500% in total shares held in the first-half of 2024.</p>
<div class="lb-trans"><p>当 2024 年开始时，Coatue Management 仅持有 312,466 股台湾半导体，这在该基金的市值排名中位列第 66 位。六个月后，它现在是第三大持股，总持股达到 11,393,702 股。这意味着在 2024 年上半年，总持股增加了超过 3500%。</p>
</div><p>As you can rightly imagine, the excitement surrounding Taiwan Semi has to do with its role in producing GPUs for AI-accelerated data centers. Orders for Nvidia's H100 GPU (commonly known as the &#34;Hopper&#34;) and successor GPU architecture (Blackwell) are backlogged, which means Taiwan Semi should see long-tail demand for its services.</p>
<div class="lb-trans"><p>正如你所想象的那样，围绕台积电的兴奋感与其在为人工智能加速的数据中心生产 GPU 方面的角色有关。Nvidia 的 H100 GPU（通常称为 “Hopper”）及其后续 GPU 架构（Blackwell）的订单积压，这意味着台积电将看到其服务的长期需求。</p>
</div><p>For its part, Taiwan Semiconductor has been proactively investing in its production capacity. Whereas the company has been shooting for chip-on-wafer-on-substrate (CoWoS) packaging capacity of 80,000 wafers per month by 2026, at least one Wall Street analyst believes Taiwan Semi is a full year ahead of schedule. The packaging of high-bandwidth memory is a cost-effective necessity for AI-accelerated data centers, which means Taiwan Semi plays a vital role in the supply chain.</p>
<div class="lb-trans"><p>就台积电而言，该公司一直在积极投资其生产能力。虽然该公司计划到 2026 年实现每月 80,000 片晶圆的芯片 - 晶圆 - 基板（CoWoS）封装能力，但至少有一位华尔街分析师认为台积电的进度比计划提前了一年。高带宽内存的封装是人工智能加速数据中心的成本效益必要条件，这意味着台积电在供应链中扮演着至关重要的角色。</p>
</div><p>Although artificial intelligence has been the undeniable wind in Taiwan Semiconductor's sails, Laffont and his team likely recognize that its production entails far more than just AI-GPUs. For instance, it's the company responsible for making all of Apple's customized chips, including those that go into its market-leading iPhone.</p>
<div class="lb-trans"><p>尽管人工智能无疑是推动台积电发展的强劲动力，但 Laffont 及其团队可能意识到，其生产远不止于 AI-GPU。例如，该公司负责制造所有苹果定制芯片，包括用于其市场领先的 iPhone 的芯片。</p>
</div><p>If history were to rhyme, once again, and the AI bubble does burst at some point in the future, Taiwan Semi would be somewhat insulated in the respect that it had multiple sales channels well established long before AI was the hottest thing since sliced bread. While these other sales channels fail to offer the same level of growth potential as AI, a broad degree of sales diversity is, ultimately, a positive for Taiwan Semiconductor.</p>
<div class="lb-trans"><p>如果历史重演，未来某个时刻人工智能泡沫破裂，台积电在某种程度上将受到保护，因为它在人工智能成为热门事物之前就已经建立了多个销售渠道。虽然这些其他销售渠道无法提供与人工智能相同的增长潜力，但广泛的销售多样性最终对台积电来说是一个积极因素。</p>
</div><p>Lastly, Laffont and his advisors may be attracted to Taiwan Semi's still-attractive valuation. With the understanding that forecasts can and do change, shares are valued at a multiple of 24 times forecast EPS for 2025, with sales and earnings growth of greater than 20%.</p>
<div class="lb-trans"><p>最后，Laffont 及其顾问可能会被台积电仍然具有吸引力的估值所吸引。尽管预测可能会变化，但该公司的股票以 2025 年预测每股收益的 24 倍进行估值，销售和盈利增长超过 20%。</p>
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Billionaire Philippe Laffont of Coatue Is Dumping Shares of Nvidia and Palantir and Piling Into This Artificial Intelligence (AI) Infrastructure Juggernaut

- 投资者在季度财报和经济报告中可能会感到信息过载。  
- Coatue Management 大幅减持 Nvidia 和 Palantir，转而增持台积电。  
- 台积电在 AI 数据中心中扮演关键角色，预计将受益于持续需求。  

亿万富翁菲利普·拉丰特正在抛售 Nvidia 和 Palantir 的股票，并投资于这个人工智能基础设施巨头