As of Dec. 31, 2025, Loeb sharply reduced Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) from about 1.1 million shares to 425,000 shares.
Meanwhile, he raised his stake in NVIDIA Corporation (NASDAQ:NVDA) to 2.95 million in the quarter, up from 2.85 million.
NVDA: Strong Earnings Beat & AI Investments
Nvidia reported fourth-quarter revenue of $68.13 billion beating a consensus estimate of $66.0 billion. The company reported quarterly earnings per share of $1.62, beating a consensus estimate of $1.53.
The company expects first-quarter revenue of $76.44 billion to $79.56 billion, versus a Street estimate of $71.96 billion.
The company plans to invest $26 billion over the next five years to develop open-source artificial intelligence models, signaling a major shift in strategy beyond its core chip business.
Nvidia announced a “sovereign AI OS reference architecture” partnership with Palantir Technologies.
The company planned to invest $2 billion in Nebius Group (NASDAQ:NBIS), reflecting confidence in Nebius's business and unique depth of engineering expertise across the full AI technology stack.
Also, it is doubling down on artificial intelligence infrastructure with a $4 billion investment in optical networking companies and a new push into 6G.
Nvidia has committed to investing $2 billion in Lumentum to support research and development and future manufacturing capacity, which are crucial
