Billionaire Investor Stanley Druckenmiller Sells Broadcom, Intel, and Micron to Invest in Chip Stock Projected to Double Data Center Sales by 2027

Key Points

• Stanley Druckenmiller’s Duquesne Family Office fully exited positions in Intel, Micron, and Broadcom by June 30, after initially investing in these stocks in Q1.

• He opened a new position in Advanced Micro Devices (AMD), which is set to launch its Helios rack-scale system, aimed at boosting data center sales expected to double by 2027.

• Druckenmiller’s firm reported approximately $5.2 billion in U.S. equity holdings at the end of Q2.

Stanley Druckenmiller’s investment strategy appears to pivot as he shifts from Intel, Micron, and Broadcom — which he sold off by the end of Q2 — to a new interest in AMD, recognizing its upcoming AI-inference-focused product launch. AMD, which reported data center revenue of $6.7 billion last quarter, anticipates that sales will double again by 2027. Druckenmiller’s new investment in AMD represents about 0.8% of his reported assets in the second quarter.