Druckenmiller Exits Micron, Intel and Broadcom for Other AI Infrastructure Bets

Stanley Druckenmiller, the billionaire investor who runs Duquesne Family Office, sold his holdings in Micron, Intel and Broadcom and moved the proceeds into other companies tied to artificial-intelligence infrastructure, based on his firm's disclosed portfolio changes. A separate account of the same filings says he also exited Micron specifically to concentrate more capital in another AI chip stock. The moves matter because Druckenmiller's trades are widely watched as a signal of where large investors think the AI trade is heading next. Selling out of Micron, Intel and Broadcom, three companies at the center of AI-related chip and memory demand, suggests he sees better risk-reward elsewhere in the buildout even as the broader AI infrastructure theme keeps drawing capital. What remains unclear from the available disclosures is the exact size of the trades and which specific stocks absorbed the proceeds beyond the general description of AI infrastructure names.