Billionaire Stanley Druckenmiller Dumped Micron and Intel, and More Than 11X'd Duquesne Family Office's Stake in an AI Pioneer

Billionaire Stanley Druckenmiller's Duquesne Family Office sold significant positions in semiconductor stocks Micron and Intel during Q2 2026, likely taking profits after strong stock rallies. Meanwhile, Druckenmiller massively increased Amazon holdings by 1,083%, making it a top-10 position. The moves reflect confidence in Amazon's AI-driven cloud services (AWS) growth while reducing exposure to semiconductor stocks that may be overvalued despite strong AI fundamentals.