Fund of "AI Stock God" Leopold Faces Sell-Off After Heavy AI Stock Bets in Early September, 7 Targets Post Average 18.3% Decline

Situational Awareness, the fund managed by "AI Stock God" Leopold Aschenbrenner, repositioned into AI-related stocks after being forced to liquidate positions in July this year, purchasing hundreds of millions of dollars worth of options in early September. However, 6 out of its 7 heavily targeted stocks have plummeted sharply since September 8: CoreWeave fell 37.4%, SK Hynix fell 25.8%, SanDisk fell 23.8%, DRAM fell 22.9%, Bloom Energy fell 18.1%, and Intel fell 9.4%. Only AMD bucked the trend with a 9.1% gain, resulting in an average 18.3% decline across the 7 stocks.

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