David Tepper is shifting investments from AMD to Broadcom, two major GPU makers facing competition.

The entities involved

• AMD →

  American multinational semiconductor company

  • Intel, Micron, and AMD are benefiting from increased demand and operating in the competitive high-growth semiconductor sector driven by AI and memory market needs.14:59
  • AMD and Celestica operate within the semiconductor/AI supply chain, with Celestica benefiting from multi-year hyperscaler partnerships.10:27
• David Tepper →

  American businessman

  Nothing else this week.

• Broadcom →

  American semiconductor manufacturer

  • SanDisk has spun off from Western Digital, alongside joint ventures focused on supply chain security and market diversification.Fri 20:57
  • Celestica is building components for major chipmakers Broadcom and Intel, fueling the AI infrastructure boom.Fri 13:37

Related events

• AMD, Broadcom, and Nvidia are chipmaking peers, with AMD currently being more expensive than both Broadcom and Nvidia.Oct 11
• Broadcom secured a $10 billion custom chip deal with OpenAI, intensifying competition in the AI semiconductor sector.Jun 7
• AMD is carving out a role in inference against Nvidia's GPU dominance, while Broadcom gains Apple as a customer for custom AI chips, benefiting Google's growth.Jun 7
• AMD secured major contracts with OpenAI, while SpaceX announced its exclusive decision to build on Nvidia chips.Fri 11:59
• An analyst reviewed Broadcom's share price, noting that Nvidia, Broadcom, Microsoft, and Meta are all major AI-related mega-cap technology stocks.Oct 15