8 Billionaire Money Managers Dumped Micron in the Second Quarter, With Several Favoring This Foundational AI Stock Instead

Eight billionaire investors reduced or exited their positions in Micron Technology during Q2 2026, likely taking profits after the stock quadrupled since March. Meanwhile, five prominent billionaires increased their stakes in Taiwan Semiconductor Manufacturing (TSMC), attracted by its dominant 72% share of global contract chip manufacturing and essential role in AI data center expansion. TSMC is expected to more than double earnings per share between 2025-2027.