--- title: "Loeb Rides Nvidia's AI Wave, Bets Big On AT&T's Telecom Comeback" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/242804891.md" description: "In Q1 2025, Dan Loeb's Third Point reduced stakes in Microsoft and Amazon while investing in AT&T and Nvidia. Loeb acquired 3.78 million shares of AT&T and 1.45 million shares of Nvidia. Nvidia reported a 69% revenue increase to $44.1 billion, but faces $8 billion losses due to U.S. export restrictions. AT&T's Q1 revenue rose 2% to $30.63 billion, exceeding estimates, with shares up 21.83% year-to-date." datetime: "2025-06-02T15:04:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242804891.md) - [en](https://longbridge.com/en/news/242804891.md) - [zh-HK](https://longbridge.com/zh-HK/news/242804891.md) --- > 支持的语言: [English](https://longbridge.com/en/news/242804891.md) | [繁體中文](https://longbridge.com/zh-HK/news/242804891.md) # Loeb Rides Nvidia's AI Wave, Bets Big On AT&T's Telecom Comeback In a major portfolio reshuffle in the first quarter of 2025, **Dan Loeb** slashed Third Point’s stakes in **Microsoft Corporation** MSFT by 48% and **Amazon.com, Inc.** AMZN by 32% while acquiring a stake in **AT&T Inc.** T and **Nvidia Corporation** NVDA. The move diversified the portfolio, now boosting its foothold in the telecommunication and software sectors. **Details**: According to recent 13F filings, reflecting his holding as of March 31, 2025, Loeb attained a stake of 3.78 million in AT&T and 1.45 million in NVIDIA. Let's have a look at the major events in both companies. **Nvidia Corporation:** - On May 19, Nvidia disclosed Nvidia Isaac GR00T N1.5, the first update to Nvidia's open, generalized, fully customizable foundation model for humanoid reasoning and skills. - On May 28, Nvidia reported first-quarter revenue of $44.1 billion, up 69% year-over-year and up 12% from the fourth quarter. The revenue beat a Street consensus estimate of $43.2 billion. - The company reported adjusted earnings of 81 cents per share in the first quarter, which may not compare to analyst estimates. - Nvidia guided for second-quarter revenue of $45.0 billion, +/—2%. The guidance includes a loss of $8.0 billion in H20 revenue due to the export controls. - During its first-quarter earnings call, Nvidia executives disclosed that new U.S. restrictions on its H20 AI chips bound for China would cost the company about $8 billion in the current quarter. - Needham analyst Quinn Bolton said, “Export restrictions largely exclude NVIDIA from the China AI market ($50 billion TAM), and loss of access to this market could have a material adverse effect on the company’s business and benefit foreign competitors.” - Nvidia shares rose nearly 1.65% year to date, compared to the **GraniteShares 2x Short NVDA Daily ETF** NVD, which fell about 42.93% over the same time frame. **AT&T:** - On April 23, The telecom giant reported quarterly operating revenues of $30.63 billion, up 2.0% year over year. This beat the analyst consensus estimate of $30.35 billion. Adjusted EPS of $0.51 also beat the analyst consensus estimate of $0.49. - AT&T reiterated consolidated service revenue growth in the low-single-digit range, Mobility service revenue growth in the higher end of 2%-3%, Consumer fiber broadband revenue growth in the mid-teens, and adjusted EPS of $1.97$2.07 versus the $2.04 analyst consensus estimate. - On May 2, Fiber infrastructure company **PRIME FiBER** tapped AT&T to provide wholesale fiber access services in the Sun City area of Maricopa County and the City of Peoria, Arizona. - On May 22, **Lumen Technologies Inc.** LUMN entered into a definitive agreement with AT&T to sell its mass-market fiber-to-the-home business in 11 states for $5.75 billion in cash. - AT&T shares have increased 21.83% year to date, compared to the **iShares U.S. Telecommunications ETF** IYZ, which rose 4.08% in the same time frame. - **Why Dan Loeb Just Made Kenvue One Of His Top Holdings** _Image created using artificial intelligence via Midjourney._ ### 相关股票 - [NVIDIA (NVDA.US)](https://longbridge.com/zh-CN/quote/NVDA.US.md) - [AT & T (T.US)](https://longbridge.com/zh-CN/quote/T.US.md) - [Microsoft (MSFT.US)](https://longbridge.com/zh-CN/quote/MSFT.US.md) - [Amazon (AMZN.US)](https://longbridge.com/zh-CN/quote/AMZN.US.md) ## 相关资讯与研究 - [Why Is Vanguard Total Stock Market ETF (VTI) Rising Today, 3/31/26?](https://longbridge.com/zh-CN/news/281211233.md) - [Why Marvell stock jumped today](https://longbridge.com/zh-CN/news/281272092.md) - [Nvidia’s $2 Billion Investment in Marvell: What Kind of Company Is Marvell?](https://longbridge.com/zh-CN/news/281372238.md) - [Why Nvidia And Tesla Are Suddenly Knocking On Samsung's Door](https://longbridge.com/zh-CN/news/280999748.md) - [BREAKINGVIEWS-Apollo reaps rich rent on its Intel lifeline](https://longbridge.com/zh-CN/news/281406220.md)