US Top News and Analysis | Billionaire families bet on semiconductor and energy stocks in first quarter during Iran war

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Billionaire family offices doubled down on chipmakers in Q1 2026 despite the Iran‑war‑driven pressure on data‑center economics, while many also shifted exposure to energy firms as oil prices surged. David Tepper’s Appaloosa Management boosted its stakes in Micron (up 11 % to $562.5 M), Taiwan Semiconductor (up 18 % to $448.6 M) and added a new $179 M position in Sandisk; Duquesne, the investment vehicle of Stanley Druckenmiller, took fresh stakes in Sandisk and Broadcom, and Soros Fund Management raised its Nvidia holding by 61 % to $187 M. These bets paid off, with semiconductor shares such as Micron and Sandisk jumping 50‑60 % over the past month and others like Nvidia, Broadcom and TSMC gaining 19‑35 % since March. On the energy side, Appaloosa more than doubled its investment in Vistra Corp, while other offices trimmed or exited positions in electricity generators and airlines, reflecting divergent strategies amid the conflict‑induced market turmoil.

Read more: https://www.cnbc.com/2026/05/21/billionaire-investments-q1.html

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