MASSIVE MARGIN CALL: AI star Leopold Aschenbrenner forced to sell everything after using 4x times margin to buy AI and semiconductor stocks.
When a high-profile AI book running heavy leverage starts cutting positions under broker pressure the forced selling can itself pressure the same crowded names further. That is how a correction turns into a cascade. Leopold Aschenbrenner’s Situational Awareness hedge fund got crushed in the AI and semiconductor sell-off. The fund was reported at around $20 … Read more