Billionaire Ken Griffin Takes a Massive Bet on Micron (MU) Stock; Slams Advanced Micro Devices (AMD)
Billionaire Ken Griffin, otherwise known as Illinois’ richest man, has made some drastic changes to his chip stock holdings in the second-quarter. Griffin manages the massive $30 billion Citadel fund, based in Chicago. And now just-released 13F forms reveal that Griffin has significantly increased the fund’s Micron (NASDAQ:MU) holding, while exiting Advanced Micro Devices (NASDAQ:AMD) entirely.
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