Ray Dalio Cuts Micron Position in Broader Tech Selloff
Bridgewater Associates founder Ray Dalio reduced his Micron Technology stake as part of a wider divestment from major tech companies, signaling diminished confidence in US semiconductor growth. The move reflects his heightened concerns over domestic economic prospects and follows notable trims across memory-chip manufacturers.
1. Dalio’s Economic Concerns Led to Tech Exits
Ray Dalio has publicly expressed rising skepticism about the US economic trajectory, prompting a strategic retreat from high-growth technology sectors. His firm, Bridgewater Associates, cited weakening domestic demand and potential regulatory headwinds as key factors in its portfolio reshuffle.
2. Reduction in Micron Holdings
The latest 13F filings reveal that Bridgewater trimmed its position in Micron Technology, cutting its semiconductor weighting in the fund. This adjustment formed part of a broader selloff that saw similar reductions across leading memory-chip manufacturers, underscoring a shift toward more defensive allocations.