Fund Guru Dmitry Balyasny Throws in the Towel on Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (MU)

Fund Guru Dmitry Balyasny Throws in the Towel on Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (MU)

Is Dmitry Balyasny, founder of the $12.6 billion Balyasny Asset Management fund, bearish on the outlook of key semiconductor stocks Advanced Micro Devices, Inc. (NASDAQ:AMD) and Micron Technologies, Inc. (NASDAQ:MU)?

According to 13F forms filed with the SEC, Balyasny exited AMD completely while substantially slashing the fund’s Micron position. These two semiconductor stocks are closely…

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