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Billionaire Investor Stanley Druckenmiller Sold Broadcom, Intel, and Micron and Bought Another Chip Stock That Expects to Double Data Center Sales in 2027

The famous investor dumped three top chip stocks and bought another one with a clear near-term catalyst.

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Exporters' Dollar Selling Surges 71%, Boosting Won

The amount of dollars sold by South Korean nonfinancial private companies in the foreign exchange market surged more than 70% in the second quarter from a year earlier, as the government encouraged…

  • South Korean exporters sold $263.59 billion in dollars in Q2, a 71.5% increase.
  • Strong semiconductor and key product exports drove the surge in dollar sales.
  • The won weakened to below 1,500 won, its strongest level since Sept 2022.

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