Billionaire Stanley Druckenmiller's family office pumps a combined $430 million into Nvidia and Microsoft stocks in big, bold AI bets
Billionaire investor Stanley Druckenmiller's family office loaded up on Nvidia shares and made a new Microsoft investment last quarter, signaling a big push into artificial intelligence-related stocks.
Druckenmiller's Duquesne Family Office bought 791,475 shares of Nvidia worth about $220 million, boosting its holding in the chipmaker from 582,915 shares worth $85.1 million as of end-2022, according to aDuquesne's new investment in Microsoft saw the company buy 729,040 shares worth $210 million in the first quarter.
Druckenmiller himself recently spoke on artificial intelligence - highlighting it as a game-changing technology - during the 2023 Sohn Investment Conference.
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