David Tepper Adjusts Investment Portfolio in AI Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 23 2026
0mins
Should l Buy GOOGL?
Source: NASDAQ.COM
- Chip Stock Reductions: David Tepper trimmed his Nvidia (NVDA) stake by over 10% and slashed his AMD position by two-thirds in Q4, indicating a cautious stance on the AI chip market, even though Nvidia remains his seventh-largest holding.
- Increased Memory Investments: Tepper tripled his investment in Micron Technology (MU), capitalizing on the current DRAM supercycle characterized by high demand and supply shortages, thereby enhancing the resilience of his portfolio.
- Hyperscaler Investments: He increased his stake in Alphabet (GOOGL) by nearly 30%, making it his second-largest holding, benefiting from the rapid growth of Alphabet's cloud computing unit and the cost advantages of its proprietary AI chips, reflecting confidence in future growth.
- Investments in Meta and Microsoft: Tepper raised his position in Meta Platforms (META) by over 60% and increased Microsoft (MSFT) shares by 8%, with both companies excelling in AI, suggesting a strong outlook for revenue growth driven by AI infrastructure.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 338.890
Low
305.00
Averages
374.25
High
400.00
Current: 338.890
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Tech Company Opposition: Google has stated in court that location history can serve as a “digital diary of a person’s travels” and has reduced its legal exposure by moving user location history from company servers to individual devices.
- Market Impact: The ruling may serve as another test of whether privacy regulations become a significant headwind for data-driven tech businesses, prompting investors to monitor potential regulatory pressures on the market.
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- IPO Market Impact: Upcoming IPOs like SpaceX are likely to attract substantial capital, further weakening healthcare stock performance, reminiscent of the capital concentration seen during the internet bubble in 1999, which could lead to further declines in healthcare stock P/E ratios.
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- IonQ's Technological Edge: IonQ boasts the world's most accurate quantum computing technology, achieving a remarkable 429% year-over-year revenue growth, with projected revenues of $235 million in 2026, solidifying its leadership in the quantum computing space through its unique trapped-ion architecture.
- D-Wave's Market Opportunity: D-Wave focuses on specialized quantum computers using quantum annealing to optimize supply chains and workforce scheduling, and as more companies recognize the advantages of quantum computing, D-Wave is poised to capture significant early market share, especially with its stock down 50% from its all-time high, presenting a buying opportunity.
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