Hedge Fund Titan Dmitry Balyasny Nearly Wipes Out Advanced Micro Devices (AMD) and Micron (MU)

Hedge Fund Titan Dmitry Balyasny Nearly Wipes Out Advanced Micro Devices (AMD) and Micron (MU)

Dmitry Balyasny did not become the leader of a $12 billion hedge fund without understanding the changes in the stock market trading game. Founder of the $12.6 billion Chicago-based hedge fund titan Balyasny Asset Management (BAM), Balyasny looks less confident on two chip giants to be money-makers. In the last quarter, the tycoon took a 95% whack to his position in Advanced Micro Devices…

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