L1 Capital Boosts NVIDIA Stake, Calls Stock Undervalued Amid AI Boom
L1 Capital increased its NVIDIA stake, calling it a top-5 holding, citing strong AI capex growth, doubling earnings expectations, and undervaluation despite market share concerns.
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Recently added · Page 1Hedge Fund L1 Capital Dumps Salesforce, Doubles Down on Nvidia's AI Bet
L1 Capital's Q2 2026 letter reveals it sold Salesforce shares on a price bounce to increase its Nvidia position, citing AI-driven business model risks for CRM and stronger conviction in Nvidia's AI l…
L1 Capital Trims Microsoft Stake Over Azure Competitive Concerns
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