Stanley Druckenmiller Ditches Nvidia for a Promising AI Stock

Reported 2 days ago

Billionaire investor Stanley Druckenmiller has sold all of his shares in Nvidia, citing high valuations, despite expressing long-term confidence in the company. Instead, he has invested $41 million in Broadcom, a rapidly growing AI company that has seen substantial growth and recently split its stock. As demand for AI products surges, Broadcom is positioned for significant expansion, suggesting it may be a profitable investment choice.

Source: YAHOO

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