Situational Awareness had significantly increased its exposure to semiconductor stocks Micron Technology and Sandisk before last month’s sharp selloff in AI-related equities, according to a report by Bloomberg.
The report cites the latest portfolio disclosures as showing that the highly leveraged hedge fund, founded by former OpenAI researcher Leopold Aschenbrenner, held around $11bn of combined positions in Micron and Sandisk as of 30 June. The two stocks represented roughly a quarter of the fu...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.
Alternative Investment News