Druckenmiller Bets Big On Semiconductor Stock Just Before It Spikes To $1 Trillion

Billionaire Stanley Druckenmiller, a George Soros protégé, is known for his “top-down” investing style. Druckenmiller’s strategy focuses on making large bets on macroeconomic trends, prioritizing top-performing industries over individual companies.

The Bowdoin College and University of Michigan alumnus recently upped his stake in Broadcom Inc AVGO, a $1 trillion semiconductor company based in San Jose, California.

Druckenmiller closed his hedge fund, Duquesne Capital in 2010, but still maintains the Duquesne Family Office to manage his wealth.

Druckenmiller first bought 51,956 shares in the company in mid-to-late 2023, selling all before the next quarter. The latest Duquesne 13F filing, revealing the firm’s holdings as of Sept. 30, showed Druckenmiller upping his wager on Broadcom to 239,980 shares. The investment — up over 35% since September — represents a market value of almost $56 million, one of his largest holdings.

Shares of the company were already trading up over 100% between his first filing and the latest filing.

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Druckenmiller previously called NVIDIA Corp‘s NVDA ascension, buying shares in late 2022 and early 2023, but sold off most of his position before the company’s historic rally in 2024. The investor later called the sale a “big mistake.”

Broadcom is a global technology company that designs, develops, and supplies semiconductor and infrastructure software solutions. Its products, which include chips for networking, broadband, wireless communications, and storage, as well as enterprise software for cybersecurity and data management, power a wide range of industries, from telecommunications and data centers to consumer electronics.

The company’s shares were trading almost 5% higher at the time of publication Monday following news that the U.S. is opening an investigation into China’s semiconductor industry policies, according to Benzinga Pro.

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Image created using artificial intelligence via Midjourney.