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Broadcom (AVGO) Faces Selling Pressure as Druckenmiller Exits Entire Stake

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The Story

News Summary

  • Billionaire investor Stanley Druckenmiller’s Duquesne Family Office completely liquidated its holdings in Broadcom (AVGO) during the second quarter.
  • Druckenmiller rotated capital away from major semiconductor chipmakers and redirected funds into crypto miners transitioning into AI data center infrastructure.
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AVGO price history

341.71 -13.57% over the displayed period

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