Stanley Druckenmiller’s Duquesne Family Office sold all shares of Micron, Intel, and Broadcom in Q2 2026, shifting focus to AI-related infrastructure. The fund opened new positions in Equinix, a major data center operator benefiting from AI-driven demand, and Lam Research, a key chip equipment maker. This move reflects a strategic reshuffle within semiconductor investments toward companies supporting AI workloads through recurring revenue and equipment cycles, rather than single product lines. Both new holdings offer growing dividends and exposure to broader AI capital expenditure trends.
Micron shares dropped 4% following a cautious December-quarter forecast from Kioxia, Japan's largest memory chipmaker, which also caused declines in Western Digital and SanDisk stocks. Kioxia's forecast showed only a slight profit increase and missed...
SanDisk has reported six consecutive earnings beats and a 372% revenue increase, driven by strong AI-related demand for memory technology. Despite a recent 22% drop in share price over the past month, the stock remains up 481% year-to-date but is sti...
Micron Technology has secured over 75% of its fiscal 2027 shipments and signed supply agreements through 2030, supporting strong revenue growth and a bullish price target of $1,025.96, a 7.76% upside from current prices. The company is advancing AI-f...
Micron's stock recovered some losses after a 17% drop over the past month, yet investors remain wary due to ongoing fears about artificial intelligence (AI) spending impacting the memory-chip sector. Despite the bounce, market uncertainty around AI i...
The AI stock rally is accelerating following a stronger-than-expected 3.4% US GDP growth in Q3 and robust consumer spending. Despite challenges like a softening job market, persistent inflation, and tight financial conditions, historical trends sugge...
