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Leopold Aschenbrenner returns with new AI stock options bets after $45B hedge fund collapse

Market News
17 Sep 2026
24/7 Wall Street
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Bullish
Leopold Aschenbrenner returns with new AI stock options bets after $45B hedge fund collapse

Leopold Aschenbrenner, who built and lost a $45 billion AI-focused hedge fund by age 24, is back in the market making new bets through options on AI stocks. After his fund, Situational Awareness, collapsed in July and its stock portfolio was bought by Citadel, Aschenbrenner has shifted to options trading, a riskier but capital-efficient strategy. This move is closely watched as AI stocks, especially NVIDIA, continue to dominate the market with strong revenue growth and investor interest. His return highlights ongoing volatility and opportunity in AI investments.

NVIDIA shares are trading at USD 218.81 on Pluang as of Sep 17, 2026 23:16 WIB, up 2.30% for the day and close to their 52-week high of USD 235.75. This strong performance contrasts with the 52-week low of USD 165.17, illustrating the stock's recent strength amid ongoing interest in AI. Pluang data shows a majority of order activity at 61% Buy, reflecting investor appetite for NVIDIA despite its modest dividend yield of 0.47%.

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