Billionaire Dan Loeb Sold 29% of Third Point's Stake in TSMC in Favor of Another Trillion-Dollar Artificial Intelligence (AI) Stock

Billionaire Dan Loeb Sold 29% of Third Point's Stake in TSMC in Favor of Another Trillion-Dollar Artificial Intelligence (AI) Stock

Key PointsQuarterly-filed Form 13Fs give investors a way to track the buying and selling activity of Wall Street's genius money managers.Growth stock-focused billionaire Dan Loeb has been a seller of Taiwan Semiconductor stock over the last year -- and profit-taking might be only part of the reason behind this selling.Meanwhile, he's made the face of the artificial intelligence (AI) revolution his fund's third-largest holding over the last two q…