According to multiple documents submitted by the artificial intelligence hedge fund Situational Awareness, the fund bought shares of Japanese server component manufacturer Taiyo Yuden at the end of June and once raised its shareholding ratio to 16.61%, then reduced its holdings. Taiyo Yuden shares rose 7.5% on Wednesday. Previously, the fund declared to Japan's Ministry of Finance that it held more than 5% of Taiyo Yuden's shares, but the filing period was more than a month later than the disclosure period stipulated by the financial supervisory authority. Documents disclosed one after another on the same day showed that the fund, which almost collapsed last month, continued to increase its holdings of Taiyo Yuden until July 22. The latest declaration released after the close showed that its shareholding ratio had dropped to 4.41%. A representative of Taiyo Yuden was unable to immediately comment on Situational Awareness's shareholding situation.

According to multiple documents submitted by the artificial intelligence hedge fund Situational Awareness, the fund bought shares of Japanese server component manufacturer Taiyo Yuden at the end of June and once raised its shareholding ratio to 16.61%, then reduced its holdings. Taiyo Yuden shares rose 7.5% on Wednesday. Previously, the fund declared to Japan's Ministry of Finance that it held more than 5% of Taiyo Yuden's shares, but the filing period was more than a month later than the disclosure period stipulated by the financial supervisory authority. Documents disclosed one after another on the same day showed that the fund, which almost collapsed last month, continued to increase its holdings of Taiyo Yuden until July 22. The latest declaration released after the close showed that its shareholding ratio had dropped to 4.41%. A representative of Taiyo Yuden was unable to immediately comment on Situational Awareness's shareholding situation.