Dan Loeb Touted Semiconductors As The 'Most Attractive Sector' In AI Boom— But His Nvidia Sell-Off Tells

‘Sell as Soon as Possible,’ Says Investor About Nvidia Stock

Investor Ten Cent Capital issues a Strong Sell on Nvidia with a $135 price target, arguing the stock's $5T valuation rests on a "gigawatt ceiling" limiting data center expansion and $40B in circular vendor financing that masks weakening organic demand. For tech budget holders, the thesis signals that AI infrastructure capex assumptions for 2026-2028 may be structurally overestimated, with energy grid constraints as a hard ceiling on hyperscaler expansion plans.