--- title: "Stanley Druckenmiller just sold Google shares to load up on five AI hardware stocks" type: "News" locale: "en" url: "https://longbridge.com/en/news/288142552.md" description: "Stanley Druckenmiller's Duquesne Family Office completely exited its Alphabet position, selling ~$153M in shares. Instead, it invested heavily in five AI hardware stocks: SanDisk, Micron, Seagate, Broadcom, and Arm. This move reflects a strategic shift from software giants to the physical infrastructure powering AI, driven by profit-taking on Google's valuation and strong earnings growth in the targeted hardware sector." datetime: "2026-05-30T10:30:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288142552.md) - [en](https://longbridge.com/en/news/288142552.md) - [zh-HK](https://longbridge.com/zh-HK/news/288142552.md) --- # Stanley Druckenmiller just sold Google shares to load up on five AI hardware stocks Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett’s retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks instead. His latest 13F filing, covering holdings as of March 31st, reveals a bet on the physical infrastructure that powers artificial intelligence (AI), not the software giants who ride it. Names Druckenmiller has invested in include SanDisk, Micron, Seagate, Broadcom, and Arm. **Why Druckenmiller walked away from Google stock** Duquesne has offloaded its entire stake in Alphabet, selling all 385,000 Class A shares worth nearly $153 million – a position the billionaire had just built up by 277% in the prior quarter. The exit looks like disciplined profit-taking, given Google, in the two-plus quarters Druckenmiller held the stock, appreciated by more than 50%. Following this surge, Google shares are trading at roughly 28x forward earnings, versus 17x only just a year ago. Druckenmiller has also been openly skeptical about AI valuations – saying he believes “AI might be a little overhyped now” and that “AI could rhyme with the internet.” And when the valuation no longer fits the thesis, the billionaire moves on – fast. **Why he loaded up on SanDisk stock** Duquesne opened a new position in SanDisk, buying 38,155 shares worth about $24.2 million – and the timing was exceptional. SNDK’s Q3 report was the giveaway; revenue hit $6 billion versus $4.7 billion estimates, up 251% year-over-year, with data center sales of $1.5 billion, up 645% year-over-year. CEO David Goeckeler described the results as “a fundamental inflection point,” citing a structural shift toward AI inference workloads that demand high-speed NAND flash at scale. With hyperscalers locking in multi-year supply agreements, SanDisk is no longer just a consumer storage brand – it has become a critical node in the AI infrastructure stack. **Why Micron shares are attractive for Druckenmiller** Druckenmiller’s bet on Micron stock may prove to be his sharpest call of the quarter. Micron delivered Q2 revenue of $23.9 billion – a 196% increase year-over-year – cementing its position as one of the biggest beneficiaries of the AI boom. The numbers didn't just beat estimates – they demolished them. Earnings per share (EPS) came in at $12.07, far above the $9.33 consensus, while revenue exceeded forecasts by nearly $3.7 billion. And the outlook is even more striking: for the current quarter, MU guided for about $33.5 billion in revenue, implying year-over-year growth of over 200%. As CEO Sanjay Mehrotra put it, Micron is an essential AI enabler and the only US-based memory manufacturer – a strategic asset in a supply-constrained world. **His thesis on owning Seagate stock** Old-fashioned spinning hard drives sound like a strange AI play, but Druckenmiller saw something others missed; Duquesne bought 50,700 Seagate shares valued at about $19.9 million. The thesis is playing out emphatically. Seagate's Q3 delivered revenue of $3.1 billion – up 44% year-over-year, with adjusted earnings per share of $4.10 – far ahead of analyst expectations. Better yet, demand visibility is “extraordinary”: nearline capacity is nearly fully allocated through calendar 2027, with build-to-order contracts being finalized through the end of fiscal 2027. Moreover, the top three global cloud providers' remaining purchase obligations nearly doubled to about $1.1 trillion; Seagate is essentially sold out well into next year. **Why Druckenmiller invested in Broadcom shares** Druckenmiller initiated a significant new stake in Broadcom, purchasing roughly 196,000 shares worth $60.7 million – the largest single new position in the batch. Broadcom is the dominant designer of custom AI accelerators for hyperscalers like Google and Meta, offering a cost-effective alternative to Nvidia's off-the-shelf GPUs. Q1 AI revenue hit $8.4 billion, up 106% year-over-year, above the company's own forecast – and the acceleration isn't slowing: AVGO guided for AI semiconductor revenue of $10.7 billion in Q2, with total Q2 revenue expected to reach $22 billion, up 47% year-over-year. CEO Hock Tan has stated plainly that AI revenue growth is accelerating, with the company eyeing $100 billion in cumulative AI-related sales by 2027. **Here’s why he bought ARM shares as well** Rounding out the five picks is Arm Holdings, the British chip-design firm whose instruction set architecture sits inside virtually every modern processor. Duquesne opened a new position of 106,700 ARM shares worth about $16.1 million. ARM is benefiting structurally from AI’s spread across every compute environment. For the full fiscal year, Arm posted record revenue of $4.9 billion, with royalty revenue up 21% and licensing revenue up 25%, its third consecutive year of more than 20% revenue growth since going public. Most tellingly, data center royalties more than doubled year-over-year as cloud companies increasingly turn to Arm-based custom chips. With AI moving from training to inference at the edge and in data centers alike, Arm's architecture is everywhere – and Druckenmiller is betting it stays that way. ### Related Stocks - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [ARM.US](https://longbridge.com/en/quote/ARM.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [ARMG.US](https://longbridge.com/en/quote/ARMG.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [XLK.US](https://longbridge.com/en/quote/XLK.US.md) - [AVS.US](https://longbridge.com/en/quote/AVS.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [ARMU.US](https://longbridge.com/en/quote/ARMU.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [ARMW.US](https://longbridge.com/en/quote/ARMW.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [AVGX.US](https://longbridge.com/en/quote/AVGX.US.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) - [DRAM.US](https://longbridge.com/en/quote/DRAM.US.md) - [AVGU.US](https://longbridge.com/en/quote/AVGU.US.md) - [AVGW.US](https://longbridge.com/en/quote/AVGW.US.md) - [AVL.US](https://longbridge.com/en/quote/AVL.US.md) - [AVGG.US](https://longbridge.com/en/quote/AVGG.US.md) - [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) ## Related News & Research - [Micron Stock Is Surging Toward $1,000 Again. 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