Billionaires Shift Focus from Nvidia to Value Stocks

Top investors divest from Nvidia, favoring PayPal, Bank of America, and Merck for their growth potential and stability.

Eight billionaire investors sold significant Nvidia shares in the first quarter of 2024.
Philippe Laffont, Ken Griffin, and Israel Englander are leading the shift to value stocks.
PayPal, Bank of America, and Merck are the primary beneficiaries of this reallocation.
Nvidia faces increasing competition and potential market overvaluation concerns.
AI's rapid growth has led to speculative bubbles, prompting cautious investment strategies.