Hedge Fund Chief Dmitry Balyasny Presses the ‘Buy’ Button on Micron (MU) and NVIDIA (NVDA) Stocks
As of last year, the hedge fund machine Dmitry Balyasny founded in 2001 – Balyasny Asset Management (BAM) – was managing a monster $12 billion in assets. In the second quarter, it appears the guru saw fit to dial up the heat in two of the chip sector’s biggest giants.
Just consider BAM’s recent quarterly moves in the semiconductor space: an upbeat 1,119% jump in Micron (NASDAQ:MU) and a fresh…