Billionaire Stanley Druckenmiller Kicked Micron to the Curb in the Second Quarter in Favor of an AI Superstar That's Gained 13,700% Since Its IPO

Billionaire Stanley Druckenmiller's Duquesne Family Office sold 23,400 shares of Micron Technology in Q2 after the stock nearly quadrupled, citing profit-taking on the cyclical memory and storage stock. Simultaneously, Druckenmiller repurchased 336,300 shares of Alphabet, betting on the company's explosive AI growth, particularly Google Cloud's 82% year-over-year sales growth driven by generative AI capabilities.