We recently published a list of 30 best AI actions to buy according to billionaires. In this article, we are going to take a look where Micron Technology (Nasdaq: Mu) faces other better AI actions to buy according to billionaires.
The optimism about the economy of the United States in recent months, largely due to the exaggeration of AI, has been reduced by the recent measures made by the Trump administration to underpin the manufacture of the United States. These measures, largely in the form of obscene tariffs in the goods imported to the US from abroad, with a particular approach in China, have reached global stocks, resulting in a descending spiral for important indices. The last tariff walk has cleared Billones in the market capitalization of the Magnificent Seven, a group of seven companies that dominate the US reference rates and are strongly invested in AI. The latest reports of the IDC market firm indicate that if the tariffs remain in place, it is expected that they will trigger interruptions of the supply chain and inflation challenges in several markets, including the IT sector. According to a report by the Reuters news agency, the global coverage funds, dominated by billionaires, reduced their risky bets and sought security before Trump introduced new rates last week.
This report was based on data collected by the Goldman Sachs investment bank. According to the data, the coverage funds were removed from bets in emerging markets in Europe and Asia before the announcement of new rates. The investigation of the Morgan Stanley investment bank, as Reuters sees it, also echoes these feelings. Morgan Stanley estimates that the net leverage of long -term funds of the USA quickly fell to 37%, just less than historical minimums, at the end of last week, from more than 50% at the beginning of the year. The net leverage measures the difference between the long and short positions of a background against the value of what it possesses, including loans. JPMorgan also pointed out in a recent report that the net leverage of the coverage funds has fallen to the lowest since the late 2023. The lower the net, the more conservative leverage, the more conservative is the position of a coverage fund. Investors expect significant volatility in risk assets in the short term given tariff uncertainties and suggest a continuous risk posture.
Read more about these developments by accessing 10 best AI data center actions and 10 stocks of the buzz according to Goldman Sachs.
The latest developments represent a reversal of multimillionaire positions that, in recent months, have often acclaimed AI as the next transformative technology that would shape the future of economies, industries and society. The influential billionaires repeatedly advocated to invest largely in the immense economic value it promised. This upward thesis was based on investigations of companies such as McKinsey that predicted that AI could add $ 4.4 billion annually to the global economy in the coming years. For investors, this resulted in the opportunity to have bets in technologies that could support the next generation of global growth. For billionaire investors, AI also represented a diversification strategy and an opportunity to influence the direction of a new powerful technology. These investors often take strategic bets that allow them to shape the development and scale of the product. Some of the largest companies in which these investors made huge bets are discussed in detail below.
