finance.yahoo.com

Tiger Global Cuts Alphabet 45% and Opens a Position in AMD

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Tiger Global Management cut its Alphabet stake by 45.4% in an August 14 filing, reducing shares from 10.63 million to 5.81 million, and opened a new position in AMD. The move is described as part of an AI-focused portfolio rotation and rebalancing, not an abandonment of Alphabet, alongside strong revenue growth at Tiger’s holdings.

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