Saturday, 14 November, 2026
Chipping In Big: Soros Fund Skyrockets Intel Stake 28-Fold to $340 Million
By TechShots Studio
Soros Fund Management massively expanded its Intel holdings in the third quarter, surging from 100,000 shares to 2.83 million shares valued at $340.3 million. Despite Intel's recent cash-burn warnings, the chipmaker's stock is up nearly 62% this year on strong AI data-center CPU demand. Meanwhile, the fund trimmed stakes in Apple, Nvidia, and ON Semiconductor while boosting positions in Meta and Micron.
Read full story at REUTERS