RESOLVING THE LEDGER
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Stanley Druckenmiller's Duquesne Family Office reported about $5.2 billion in U.S. equity holdings at the end of the second quarter. But its relatively small positions in Intel , Micron , and Broadcom -- all initially purchased in the first quarter -- were gone by the end of the quarter on June 30.
Instead, the legendary investor, with a multi-decade record of beating the market, opened a new position in Advanced Micro Devices (NASDAQ: AMD) . While Druckenmiller is not as heavily invested in artificial intelligence stocks as he was a few years ago, he appears to remain bullish on the impact this technology could have on the economy and continues to make selective bets.
Stanley Druckenmiller. Image source: Getty Images.
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