Billionaire fund manager exits stake in soaring tech giant

TheStreetWednesday, November 19, 2025 at 12:33:00 AM
Billionaire fund manager exits stake in soaring tech giant
  • David Tepper has exited his stake in Intel, marking a complete withdrawal from the tech giant's stock amid a notable rally that saw its shares surge nearly 50%. This increase was fueled by positive developments in the foundry sector, government backing, and a resurgence of investor confidence in Intel's turnaround prospects.
  • Tepper's exit signals a cautious stance towards Intel, despite its recent stock performance. This move could reflect concerns about the sustainability of the rally and may influence other investors' perceptions of Intel's future, potentially impacting the company's market position.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Intel denies TSMC allegations that executive leaked trade secrets
NeutralFinancial Markets
Intel has denied allegations from TSMC that one of its executives leaked trade secrets, a claim that could have significant implications for both companies in the competitive semiconductor industry. Intel's response aims to protect its reputation and maintain trust among its partners and customers.
It Really Is Possible to Spend Too Much on AI
NeutralFinancial Markets
Tech giants are increasingly cautious about overinvesting in artificial intelligence (AI) infrastructure, drawing lessons from Intel's past missteps. The Wall Street Journal highlights concerns that excessive spending could lead to financial pitfalls, as companies navigate the rapidly evolving AI landscape.
It Really Is Possible to Spend Too Much on AI
NeutralFinancial Markets
Tech giants are increasingly cautious about overinvesting in artificial intelligence (AI) infrastructure, drawing lessons from Intel's past missteps. The Wall Street Journal highlights concerns that excessive spending could lead to financial pitfalls, as companies may prioritize AI investments without fully assessing their long-term viability.
Trump Administration Is Taking Billions in Stakes in Firms Like Intel
NeutralFinancial Markets
The Trump administration is investing billions of dollars in acquiring ownership stakes in various companies, including Intel and MP Materials, which operates rare earth mines in California. This trend indicates a significant shift in government involvement in the private sector, with no signs of abating.