Stanley Druckenmiller Reduces Amazon Stake by 94% and Invests in Intel After Eight-Year Absence
Billionaire investor Stanley Druckenmiller significantly reduced his fund's stake in Amazon (NASDAQ: AMZN) by selling nearly all of it during the first quarter of 2026. At the same time, he added a position in Intel Corporation (NASDAQ: INTC), marking an investment in the chipmaker for the first time in eight years.