Soros' Chess Move: Alphabet as the Leader Among Top Investments

George Soros, renowned as one of the greatest investors of our time, once again fascinates with a series of clever strategic decisions. His current wealth amounts to an impressive $7.2 billion. Soros, known for his contrarian investment philosophy and speculative bets such as shorting the British pound in 1992, continues to capture the attention of the financial world. A significant focus of his current portfolio is Alphabet Inc., which ranks among the top ten holdings of the billionaire investor. Alphabet, the parent company of Google, impresses with a wide range of products and is active in developing AI hardware. Recently, the company released a new chip that competes with NVIDIA's offerings and is well-received among cloud users. Such technological advancements make Alphabet an attractive investment for Soros and other rational investors. Recent results show revenues of $85 billion in the second quarter of 2024, driven by growing demand for cloud solutions and search engine services. With a large share of generative AI startups and unicorn companies as clients, Alphabet is well-positioned to benefit from the next wave of AI innovation. Analysts predict further price increases for Alphabet's stock and set the 12-month price target at $205, representing a 26% increase. In addition to Soros, Fisher Asset Management also rates Alphabet's success prospects highly and is the main owner among institutional investors. Soros's focus on stocks with strong AI potential might indicate future investment strategies aimed at maximizing returns in a shorter timeframe.