Steven Cohen’s Point72 Boosts Nvidia 74% Amid AI Bet, Dumps $300M Amazon Stake

Brush Stroke Sunita Somvanshi

[{"selector":"#anim-a2e4c7f6-949c-421e-8f03-6bb7ba58f96f","keyframes":{"opacity":[0,1]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-707ce2b5-f001-4847-81b4-0c4e17c2cb01","keyframes":{"transform":["rotate(105deg) translate3d(0px, 134.36168%, 0) rotate(-105deg)","rotate(105deg) translate3d(0px, 0px, 0) rotate(-105deg)"]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b06cfc43-3466-43ee-9a01-a7ee9cfb2c0b","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1de8e21d-1dd0-446f-8855-9e8b5df280b1","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae8ffbba-fd28-4a38-b2b3-5039570997d0","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-113e4988-8173-4f46-8a3a-77d5cc20a8c5","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Brush Stroke Nvidia's H100 chips commanded $40,000 price tags with 300% premiums over competitors, while maintaining 98% market share in AI-GPU data center shipments through 2023. Photo Source- Kavish555in (CC BY-SA 4.0 )

[{"selector":"#anim-a105f6b7-b947-4c35-a4a7-e6db989e91e5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16e17bc7-6af2-40ca-a22a-e57509fe4be9","keyframes":{"transform":["translate3d(0px, -99.59318%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb63dae3-98a1-4700-bcaf-fde24b3c34c2","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8bd5be7-7003-490e-aa93-cc6546d5e8df","keyframes":{"transform":["translate3d(91.73967%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f768014c-27c8-4493-936a-413a4df7cf78","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb43f20e-beeb-4665-b77c-aa0a80dc10e2","keyframes":{"transform":["translate3d(0px, 204.79103%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f83c2744-b1a9-4ac5-aa3e-2573a39688c0","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke Point72's bold Q3 move added 1.5 million Nvidia shares while other billionaire funds cashed out - what does Steven Cohen see that others missed? Photo Source- Pixabay

[{"selector":"#anim-fccab882-2d31-49fd-b8d2-16a2dc1834ed","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc155f92-073a-4d78-9781-55613127bb2d","keyframes":{"transform":["rotate(-120deg) translate3d(0px, -57.61225%, 0) rotate(120deg)","rotate(-120deg) translate3d(0px, 0px, 0) rotate(120deg)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5729ae74-aba9-4a5e-956d-1556e1be1443","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-982bd0b0-9247-4a40-a3d3-71335b9461b2","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5f27838e-87e4-4d53-9ac6-0f935d9e9cae","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-bbbdbfcf-3c99-43cb-abe9-66428128973a","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke As Nvidia's gross margins soared to 75% amid unprecedented demand, their proprietary CUDA software kept customers firmly locked into their ecosystem. Photo Source- Amir Shtanger (CC BY-SA 4.0 )

[{"selector":"#anim-35548fed-c43f-457b-a1e8-ec08df80f111","keyframes":{"opacity":[0,1]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9880609c-693b-4dbe-9f74-4ad49781d565","keyframes":{"transform":["rotate(105deg) translate3d(0px, 134.36168%, 0) rotate(-105deg)","rotate(105deg) translate3d(0px, 0px, 0) rotate(-105deg)"]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a43eb3e6-c81c-4f2f-9e51-4ec7b198516e","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71289bd6-a606-4a56-bf80-0e45c0c762ad","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-eaacfd66-e070-42ea-937b-7148dd07e9d6","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9f1a48e9-d139-4469-aa6c-354f536c0baf","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke Cohen's complete exit from Amazon raised eyebrows - dumping all 3.1 million shares despite AWS controlling 35% of global cloud infrastructure. Photo Source- Wasiul Bahar ( CC BY-SA 4.0 )

[{"selector":"#anim-9ad37439-0541-4f2e-968c-122f785bce9b","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1384135a-3096-470f-b6ad-9a2eff7a1ccc","keyframes":{"transform":["translate3d(91.73967%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-123306eb-906d-46c3-95d7-3e29335db261","keyframes":{"opacity":[0,1]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c3f8e27-928a-48f8-b695-9648fe575009","keyframes":{"transform":["translate3d(0px, -99.59318%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0be541f7-bac6-4cf3-b457-5f22eea78a51","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a1c9a9d-ada4-4587-ad88-f155ac10a880","keyframes":{"transform":["translate3d(0px, 204.79103%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be2179e5-e4e7-470f-8f5c-e7df8b103994","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke History speaks volumes: With S&P 500's Shiller P/E ratio at its third-highest bull market level in 153 years, Cohen's Amazon departure signals valuation concerns. Photo Source- energepic.com (Pexels)

[{"selector":"#anim-0789103e-3de2-4a5b-bf1b-a9414d563806","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7663ea5-ade2-4d08-8579-c113404e4432","keyframes":{"transform":["rotate(-120deg) translate3d(0px, -57.61225%, 0) rotate(120deg)","rotate(-120deg) translate3d(0px, 0px, 0) rotate(120deg)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d20ce2ce-37cd-46e9-b26d-bb2aeaa322ea","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a7ce3daf-e95b-467c-b201-448abb93caa4","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6d053303-ba71-47dc-b0fe-5fc1107febcf","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd9674b7-7aea-485f-8498-195eb58d5e11","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke The numbers tell a complex story: Amazon trades at 43x earnings with a $2.1 trillion market cap, while 2025 projections show cash flow at 13x - well below historical ranges. Photo Source- Wasiul Bahar (CC BY-SA 4.0 )

[{"selector":"#anim-fce3c919-17cf-462e-a8c0-a1e9192b4c80","keyframes":{"opacity":[0,1]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1f40852-bdf0-46f7-87f5-85f059d6c4ef","keyframes":{"transform":["rotate(105deg) translate3d(0px, 134.36168%, 0) rotate(-105deg)","rotate(105deg) translate3d(0px, 0px, 0) rotate(-105deg)"]},"delay":0,"duration":7000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4da9639a-c7be-441a-b1ca-59d40f8f61a2","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc2b6d81-de05-465b-a991-bbb878274856","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5e572d7d-ef45-4d64-9d1e-a08a33b53f2a","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8a2d031c-4c1f-40c3-89fc-5e37f8d1457a","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke A brewing storm clouds Nvidia's horizon as Magnificent Seven tech giants quietly develop their own AI GPUs for data centers. Photo Source- Project Kei (CC BY-SA 4.0 )

[{"selector":"#anim-302ed754-88a6-4f82-ab39-49721425ed55","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-676af881-2562-4a30-9c78-fbeb5eeeb317","keyframes":{"transform":["translate3d(91.73967%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a581c9e6-02d3-4bf2-8a9e-bf53ce8492cf","keyframes":{"opacity":[0,1]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-11f3854b-4870-4c7f-88fc-4a62d84c2cdf","keyframes":{"transform":["translate3d(0px, -99.59318%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f66506fc-7edd-4a4f-9c27-ed6240dda4e3","keyframes":{"opacity":[0,1]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3be724d3-6474-4227-8fe9-631d71fe8761","keyframes":{"transform":["translate3d(0px, 256.57726%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-05acf3b2-3919-4417-ad98-d635767855d6","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke Who will win the AI chip race as competition intensifies and supply chains threaten Nvidia's unprecedented pricing power? Photo Source- Stas Knop (Pexels)

[{"selector":"#anim-05357d02-5a40-4ebb-8e4b-489d163dc716","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-136bb51f-6b68-49bc-9e94-4e9fbfac2e4c","keyframes":{"transform":["rotate(-120deg) translate3d(0px, -57.61225%, 0) rotate(120deg)","rotate(-120deg) translate3d(0px, 0px, 0) rotate(120deg)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-665fe597-acc0-4388-b545-77f86ffe5525","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3f7434e9-b03d-45da-867c-a9f470fccc43","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-86c22a14-0d5e-41cc-b58b-1f772d2d8291","keyframes":{"opacity":[0,1]},"delay":500,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1143154-4ff1-465e-adfe-42c8db52524f","keyframes":{"opacity":[0,1]},"delay":1000,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Brush Stroke Cohen's conference wisdom rings prophetic: AI emerges as a "big wave" poised to reshape employment landscapes, reflected in his strategic Q3 positions. Photo Source- mikemacmarketing (CC BY 2.0 )

[{"selector":"#anim-22d54212-37fb-4c32-82ef-c1f485211990","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a3dd10b-6127-4301-8d1b-033c0e5d2437","keyframes":{"transform":["translate3d(-114.74926%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f6665bf-1b88-4496-ac85-c3913b9bfe8e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-95412ff7-5e68-4296-8987-3162019e389a","keyframes":{"transform":["translate3d(147.36840%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b59430dd-7db4-4466-bd61-01d056c1b266","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Jeff Bezos Sells $13 Billion in Amazon Stock for 2024 as $225B Fortune Fuels $1B Space Ventures, Holding Just 10.8% of $2.2T Giant Learn more

Steven Cohen’s Point72 Boosts Nvidia 74% Amid AI Bet, Dumps $300M Amazon Stake

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