AI is interesting to say the least.
I saw the news that a youngster running his hedge fund (Situational Awareness - total holdings of 45 billion) had to do a fire sales of his AI holdings to cover the recent smack down that AI adjacent shares got.
And because Sandisk was one of his larger holdings, that is why they took a big hit when he sold off at a haircut.
But interesting to note that his track record from AI was huge (but unsurprising), 1000% last year, and 300% earlier this year.
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