Druckenmiller Bets Big On Semiconductor Stock Just Before It Spikes To $1 Trillion
ON Semiconductor(ON) Benzinga·2024-12-23 20:31Billionaire 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 ...