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Hedge-Fund Manager Stanley Druckenmiller Bets Big on Chip Stocks

(CNBC) Stanley Druckenmiller made big bets on semiconductor stocks during the first quarter, according to a regulatory filing released Tuesday. Duquesne Capital initiated positions in Intel, Micron Technology and Qualcomm. The fund bought 2.46 million shares of Intel, 2.19 million shares of Micron and 411,000 of Qualcomm. In total, Duquesne invested $273.8 million in those stocks, according to the filing.

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