Tiger Global investor Chase Coleman reportedly trimmed Nvidia and added to other AI-chip bets

Chase Coleman, a high-profile investor at Tiger Global, reportedly sold some Nvidia shares during the second quarter as he repositioned toward other companies pursuing AI-chip opportunities, according to a market report published Tuesday by Yahoo Finance.

The report framed Coleman’s moves as part of an active trading approach around the AI hardware complex. It said Coleman was busy buying Cerebras and Intel stock in the second quarter while selling Nvidia shares, highlighting that even investors associated with Nvidia’s market narrative are willing to rotate exposure.

Nvidia, listed on the Nasdaq as NVDA, remains a central supplier of AI accelerators used by data-center customers training and running large-scale artificial intelligence models. While the company’s products have drawn heavy investor attention, the reported trimming suggests that position sizing, valuation concerns, or shifting expectations about the competitive landscape can drive intra-sector changes.

Intel, traded as INTC, has also been working to expand its role in AI compute, including in data-center deployments. The reported addition indicates that Coleman sees opportunity beyond a single platform supplier, even as the industry continues to consolidate purchasing behavior around specialized accelerators.

Cerebras, referenced by the Yahoo Finance report as another AI-chip stock purchased by Coleman, represents a different approach within the broader push for faster, more cost-effective AI training and inference hardware. The report did not add operational details or model-specific performance discussion, so investors are left with only the directional announcement that the bet was meaningful enough to be reported alongside Nvidia.

The broader takeaway for the technology sector is that AI-chip investing is not a one-way trade. Portfolio managers appear to be monitoring multiple architectures and vendors at once, and reported quarter-to-quarter changes can quickly alter the market’s read on where incremental demand might land.

What is not clear from the Yahoo Finance report is the scale of Coleman’s Nvidia sale, the exact timing of the transactions during the quarter, or whether the moves reflected new information, routine rebalancing, or a targeted shift in risk. The report also does not specify whether the Cerebras and Intel purchases were larger, smaller, or offsetting relative to the Nvidia trimming.

For Nvidia and the rival chip names, the next question is whether the reported rotation is echoed by other institutions or remains idiosyncratic to a single investor. Watching subsequent quarterly disclosures, additional filings, and any company-specific guidance will help determine whether these trades announcement a broader change in sentiment about AI hardware demand.