Mubadala Investment Company of the UAE has overhauled parts of its U.S. stock portfolio, fully exiting Apple, Salesforce and Broadcom while retaining 65,326 shares of Nvidia, according to SEC filings. The sovereign investor also increased its Class A stake in Palantir Technologies by 40.4% to 95,656 shares and raised its Micron Technology holding by 3.0% to 45,451 shares. In semiconductors, it reduced its long-held position in GlobalFoundries by 5.5% to 399.6 million shares. The changes suggest Mubadala is trimming exposure to some traditional large-cap technology and chip names while continuing to back areas tied to the AI boom, including AI infrastructure, data analytics software and memory chips.