{"id":653712,"date":"2026-08-24T11:29:14","date_gmt":"2026-08-24T11:29:14","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/653712\/"},"modified":"2026-08-24T11:29:14","modified_gmt":"2026-08-24T11:29:14","slug":"8-billionaire-money-managers-dumped-micron-in-the-second-quarter-with-several-favoring-this-foundational-ai-stock-instead","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/653712\/","title":{"rendered":"8 Billionaire Money Managers Dumped Micron in the Second Quarter, With Several Favoring This Foundational AI Stock Instead"},"content":{"rendered":"\n

Although earnings season — the six-week period where a majority of S&P 500<\/strong> companies report their operating results — is often considered the pinnacle of each quarter, don’t overlook the importance of quarterly Form 13F filings<\/a> with regulators. A 13F provides investors with a snapshot of the stocks that Wall Street’s savviest money managers bought and sold in the latest quarter. <\/p>\n

Artificial intelligence (AI) stocks remained a popular trade for billionaire asset managers<\/a> during the second quarter. According to Aug. 14-filed 13Fs, more than a half-dozen billionaire investors dumped shares of Micron Technology<\/strong> (NASDAQ: MU), while several others piled into world-leading chip fabrication company Taiwan Semiconductor Manufacturing<\/strong> (NYSE: TSM). <\/p>\n

Missed Nvidia in 2009? This Rare Signal Is Flashing Again.<\/strong>\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/strong><\/a> <\/p>\n

\"Five<\/a> Image source: Getty Images. Eight billionaires hit the brakes on Micron in the June-ended quarter <\/p>\n

Arguably, no group of stocks in the AI hardware arena has been hotter in the first-half of 2026 than memory and storage solutions providers. Micron reached the trillion-dollar market cap plateau and, as of Aug. 19, has gained 228% year-to-date, with insatiable demand for its high-bandwidth memory sending its stock into the stratosphere. <\/p>\n

Nevertheless, eight billionaires pared or exited their fund’s stakes in Micron in the second quarter, including: <\/p>\n