The billionaire investor's firm, Duquesne Family Office, increased its Microsoft stake by 6.7% in the last quarter, making it the firm's top holding. The firm also reduced its exposure to Nvidia by 29% but acquired call options for the chipmaker worth over $242 million in notional value.
TSMC, a crucial chip supplier for AI processors, experienced an almost 8% surge in its shares on Thursday, propelling its market value to $575 billion.
Hyundai's Business Research Center auto group leader noted that the price cuts by Tesla and the rise of BYD have triggered a global price war in the EV market.