Billionaire Stanley Druckenmiller Just Bought More of My Favorite Artificial Intelligence (AI) Pick

With the latest rounds of 13Fs available to investors, they can see what billionaire hedge fund managers have been doing with their money lately. Every quarter, these funds must disclose their end-of-quarter holdings to the Securities and Exchange Commission (SEC), which is then made available to the public 45 days later in a Form 13F. One investor I like to follow is the Duquense Family Office, managed by longtime investment manager Stanley Druckenmiller. One thing that encouraged me is that Druckenmiller increased his position in my favorite artificial intelligence (AI) stock: Taiwan Semiconductor Manufacturing (NYSE: TSM). He increased his stake in TSMC by 28% in the quarter, showing a bullish outlook. However, this information comes out 45 days after the quarter is over, so it's dated. The question now is whether Taiwan Semiconductor is still worth an investment. Let's take a closer look.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool