Quartz·1 min read·easy
Billionaire Stanley Druckenmiller bailed on Micron and Intel stocks and piled into Amazon
✦AI Summary
Billionaire investor Stanley Druckenmiller has significantly reallocated his family office's portfolio by increasing his stake in Amazon by over 1,000%. Simultaneously, the firm completely divested from semiconductor companies Broadcom, Intel, and Micron.
The family office increased its Amazon stake by more than 1,000% while completely exiting Broadcom, Intel, and Micron
businesseconomy
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