In late 2022 and early 2023, Stanley Druckenmiller's Duquesne Family Office built a massive stake in Nvidia (NASDAQ: NVDA) for a split-adjusted price of $22-24 per share. But in mid-to-late 2024, he sold his entire position at a blended average price of around $73.50.
Today, Nvidia's stock trades at about $190 per share. So even though Druckenmiller turned a $210-$220 million investment into roughly $655 million, that investment would be worth $1.7 billion today. Druckenmiller admits that selling Nvidia before the AI market exploded was a "big mistake", but he recently invested in another big AI name: Broadcom (NASDAQ: AVGO).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Druckenmiller traded in and out of Broadcom in 2023, 2024, and 2025, but he wasn't holding any shares at the end of 2025. In the first quarter of 2026, he initiated a new position by buying 196,000 shares for an average price of $330. Its stock is trading at $365 as of this writing. Let's see what that investment might mean for Broadcom's long-term investors.
Unlike Nvidia, which primarily produces general-purpose data center GPUs for training large language models (LLMs), Broadcom produces application-specific integrated circuits (ASICs) customized to accelerate AI inference (software accessing the trained data).
Today, Nvidia's stock trades at about $190 per share. So even though Druckenmiller turned a $210-$220 million investment into roughly $655 million, that investment would be worth $1.7 billion today. Druckenmiller admits that selling Nvidia before the AI market exploded was a "big mistake", but he recently invested in another big AI name: Broadcom (NASDAQ: AVGO).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Druckenmiller traded in and out of Broadcom in 2023, 2024, and 2025, but he wasn't holding any shares at the end of 2025. In the first quarter of 2026, he initiated a new position by buying 196,000 shares for an average price of $330. Its stock is trading at $365 as of this writing. Let's see what that investment might mean for Broadcom's long-term investors.
Unlike Nvidia, which primarily produces general-purpose data center GPUs for training large language models (LLMs), Broadcom produces application-specific integrated circuits (ASICs) customized to accelerate AI inference (software accessing the trained data).
4 months ago
