Druckenmiller Rotates Into AI Infrastructure Bets With Equinix and Lam Research
Billionaire Stanley Druckenmiller's Duquesne Family Office exited Micron, Intel, and Broadcom in Q2 2026 and opened new stakes in Equinix and Lam Research, signaling a shift from chipmakers to AI infrastructure and equipment. The moves are described as portfolio reshuffle rather than a bearish stance; Equinix raised its long-term growth outlook and pays a growing dividend, while Lam Research benefits from rising demand for advanced semiconductor manufacturing equipment. The takeaway is a tilt toward data-center real estate and AI-capex exposure across infrastructure rather than a single-chip play.
