WS #13056
Leopold Aschenbrenner's $24B Situational Awareness fund is unwinding trades after steep losses on AI infrastructure longs and short software bets, with prime brokers marketing holdings for sale, creating overhang on AI/semi names. Microsoft stock soars ~15% after strong Q4 earnings with a $3.2B Anthropic gain, while Meta falls hard as investors question AI spending ROI; Wedbush cuts Meta PT to $595. The entire chip sector has shed over $1 trillion since last Friday, with Nvidia alone losing $238 billion, marking the biggest weekly sell-off since 2020, and Aschenbrenner's liquidation adds further pressure on semi names.
Aschenbrenner Hedge Fund Liquidation
Leopold Aschenbrenner's $24B Situational Awareness fund is unwinding trades after steep losses on AI infrastructure longs and short software bets, with prime brokers marketing holdings for sale, creating overhang on AI/semi names.
Microsoft stock soars ~15% after strong Q4 earnings with a $3.2B Anthropic gain, while Meta falls hard as investors question AI spending ROI; Wedbush cuts Meta PT to $595.
The entire chip sector has shed over $1 trillion since last Friday, with Nvidia alone losing $238 billion, marking the biggest weekly sell-off since 2020, and Aschenbrenner's liquidation adds further pressure on semi names.