Quant King David Shaw Doubles Down on Advanced Micro Devices (AMD), Pulls Cash from Intel (INTC)
The world-famous hedge fund tycoon David Shaw is mixing up his chip stock holdings. According to newly-released 13F forms filed with the SEC, he is now doubling down on Advanced Micro Devices (NASDAQ:AMD), while reducing the fund’s exposure to Intel (NASDAQ:INTC). This matters because Shaw is one of the most respected hedge fund minds out there- and when he acts, investors listen.
Indeed, Shaw…
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