The Wall Street star fund manager who participated in the '924 Market Event' has made another huge profit in the storage sector.

Glonghui July 7｜Two years ago during the “924 Market Event”, star hedge fund manager David Tepper, who rose to fame by boldly advocating “buy everything Chinese,” has once again achieved impressive returns this year in the storage sector. According to the latest news on Monday, Tepper’s Appaloosa Management achieved a 32% investment return in the first half of this year. According to people familiar with the matter, the roughly $23 billion hedge fund earned all its profits in the second quarter this year. As a backdrop to this investment performance, Tepper adopted a relatively conservative strategy this year, with his cash holdings averaging as high as 40%. It is reported that the best-performing individual stocks in Appaloosa’s portfolio include Micron Technology, Samsung Electronics, SK Hynix, Kioxia Holdings, and SanDisk.