◆ NeutralAMDNVDA

Billionaire Stanley Druckenmiller Still Isn’t Buying Nvidia. But He Just Opened a Position in a Challenger That’s Soared More Than 100% This Year.

The Motley Fool·
Billionaire Stanley Druckenmiller Still Isn’t Buying Nvidia. But He Just Opened a Position in a Challenger That’s Soared More Than 100% This Year.

Billionaire investor Stanley Druckenmiller, who closed his Nvidia position in 2024 citing rich valuations, has opened a new position in AMD with 72,900 shares in Q2. Despite AMD's 100%+ stock gain this year and potential for growth in AI data center and CPU markets, the article notes AMD trades at over 60x forward earnings, suggesting investors may want to wait for a better entry point.

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