Billionaire David Tepper Just Bought These 2 Artificial Intelligence (AI) Stocks That Wall Street Thinks Could Soar by 50% or More

Published September 8, 2026 · Category: Finance

Overview

Billionaire David Tepper, the founder and president of the hedge fund Appaloosa Management, is particularly bullish on technology and artificial intelligence (AI) stocks. The firm's portfolio features several industry leaders, including Amazon (NASDAQ:AMZN), Micron Technology (NASDAQ:MU), Taiwan Semiconductor Manufacturing (NYSE:TSM), and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), with these four accounting for roughly 50% of the portfolio. David Tepper and his team are doubling down on AI.

During the second quarter, Appaloosa Management added Space Exploration Technologies (NASDAQ:SPCX) and CoreWeave (NASDAQ:CRWV) to the portfolio. Tepper and his team aren't the only ones who are optimistic about these companies' prospects. Average price targets from Wall Street imply that SpaceX and CoreWeave could both rise meaningfully over the next 12 months. Are these stocks worth buying now?

Image source: The Motley Fool.

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Originally published at www.fool.com.

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