Overview
- Duquesne Family Office’s Form 13F, reported Aug. 19–20, 2026, shows the firm fully sold its stakes in Micron Technology and Intel and opened new positions in Advanced Micro Devices, Alphabet and Riot Platforms.
- The Micron exit follows a dramatic 2026 rally for the memory maker that industry coverage ties to an AI-driven memory ‘supercycle’ and constrained high-bandwidth memory supply that pushed prices higher.
- The Intel sale is notable because it comes after a strong Q2 in which the company reported $16.1 billion in revenue and said AI-driven businesses grew more than 70% year over year.
- Analysts and reporters treat Duquesne’s moves as portfolio rotation and profit-taking inside the AI hardware stack, with a shift from memory and some CPUs toward other AI compute exposures and crypto mining.
- Form 13F filings only record quarter‑end holdings and do not show trade dates or prices, so the filing confirms the positions but does not prove when or at what levels Druckenmiller executed the trades.