Billionaire Druckenmiller Sells Broadcom, Buys Sandisk Amid AI Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 17 2026
0mins
Should l Buy AVGO?
Source: Fool
- Druckenmiller's Investment Moves: In Q3, billionaire Stanley Druckenmiller sold his position in Broadcom (AVGO) and initiated a stake in flash memory maker Sandisk (SNDK), which has surged 1,050% since its spin-off in February 2025, highlighting its potential in the rapidly growing AI market.
- Broadcom's Market Position: Broadcom dominates the wireless, wired, and ASIC markets, holding a 75% share in AI ASICs, with AI revenue projected to rise 65% to $20 billion by 2025, underscoring its critical role in AI infrastructure.
- Sandisk's Growth Potential: Sandisk focuses on NAND flash technology, with adjusted earnings expected to grow at 79% annually through FY 2029; despite a high current P/E ratio of 170, its advancements in enterprise SSD testing could drive future market share gains.
- Market Expectations and Risks: Although Sandisk's stock price was $58 when Druckenmiller bought in, it has since risen to $415, with analysts setting a target price of $307, indicating a potential 26% downside risk, necessitating cautious evaluation of its future performance.
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Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise
30 Analyst Rating
29 Buy
1 Hold
0 Sell
Strong Buy
Current: 313.490
Low
370.00
Averages
457.75
High
525.00
Current: 313.490
Low
370.00
Averages
457.75
High
525.00
About AVGO
Broadcom Inc. is a global technology firm that designs, develops, and supplies a range of semiconductors, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides a variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. Its infrastructure software segment includes its private and hybrid cloud, application development and delivery, software-defined edge, application networking and security, mainframe, distributed and cybersecurity solutions, and its FC SAN business. It provides a portfolio of software solutions that enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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