8 Billionaire Money Managers Dumped Micron in the Second Quarter, With Several Favoring This Foundational AI Stock Instead
Motley Fool·
- During the second quarter of 2026, 8 billionaire money managers reduced their holdings in Micron Technology following the stock's significant gains and historical trends in the memory sector.
- Meanwhile, several prominent billionaire investors favored Taiwan Semiconductor Manufacturing, increasing their stakes or making it a top holding.
- This shift was driven by TSMC's foundational role in AI data center chip manufacturing, exceptional pricing power, and strong projected earnings growth through 2027.