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Jim Simons' Renaissance cuts $486 million from surging AI stock

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The famed quantitative investment firm reduced its MU position despite the chipmaker's powerful rally and growing exposure to the AI boom.

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Jim Simons' Renaissance cuts $486 million from surging AI stock
TheStreet 2h ago

Jim Simons' Renaissance cuts $486 million from surging AI stock

The famed quantitative investment firm reduced its MU position despite the chipmaker's powerful rally and growing exposure to the AI boom.