Billionaire Druckenmiller Shifts from Broadcom to Sandisk as Memory Stock Skyrockets
Stanley Druckenmiller, the billionaire investor renowned for his 30% annual returns at Duquesne Capital, executed a significant portfolio pivot in Q3 2025. He liquidated his entire Broadcom stake and initiated a position in Sandisk, the flash memory specialist spun off from Western Digital earlier that year.
Sandisk’s shares have delivered a staggering 1,050% return since its February 2025 spinoff, climbing from $58 to $413.62 by January 2026. Analysts remain divided on valuation, with price targets ranging from $380 to $450 despite a frothy 170x earnings multiple.
Broadcom retains dominance in custom AI chips with 75% market share and $20 billion in 2025 AI revenue. Druckenmiller’s MOVE swaps one semiconductor play for another, betting on memory’s explosive growth over entrenched networking and ASIC markets.
