Here are Wednesday's biggest analyst calls: Nvidia, Apple, CoreWeave, Corning, Unilever, Teradyne & more
CNBC ·
Key points
- Broadcom and Taiwan Semiconductor have risen approximately 35% and 19%, respectively, since the end of March, underscoring a broad rally in leading chipmakers.
- Nvidia has also advanced meaningfully, with shares up about 28% in the same period, contributing to a wave of portfolio shifts among major managers.
- Duquesne Capital Management exited positions in Entegris and ON Semiconductor, locking in gains on those semiconductor holdings as part of a broader reallocation.
- Appaloosa Management reduced its stake in Nvidia by 13%, though the position remains among the fund's top holdings at $257 million.
- In energy, Appaloosa more than doubled its stake in Vistra Corp to $304 million, while BlueCrest Capital Management exited its $103 million position in Vistra.
- Duquesne cut its stake in Bloom Energy by 82% to $89 million, while increasing its position in YPF Sociedad by more than fivefold to $150 million as part of a diversified tilt.
- Overall, the moves illustrate Wall Street’s ongoing reassessment of fast-growth sectors like semiconductors and energy, balancing momentum with risk controls and sector rotation.
Summary
Over the past weeks, major semiconductor names like Nvidia, Broadcom, and Taiwan Semiconductor have rallied, prompting notable portfolio adjustments as investors recalibrate growth bets. Nvidia leads gains while the others post strong moves, signaling continued appetite for high-growth tech despite volatility. Investor activity shows selective trimming and reallocation across prominent names and adjacent energy plays. Momentum appears steady but tempered by rebalancing, with analysts and funds reassessing risk and exposure going forward.
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