BlackRock's position in Broadcom is currently worth $148B. That's 2.29% of their equity portfolio (6th largest holding). The investor owns 7.79% of the outstanding Broadcom stock. The first Broadcom trade was made in Q4 2020. Since then BlackRock bought shares fourteen more times and sold shares on three occasions. The stake costed the investor $25.9B, netting the investor a gain of 473% so far.
On The AI Investor Podcast, one point kept resurfacing when the panel discussed index concentration risk: “Nvidia is 8.5% of the NASDAQ, but it's expected to...
Broadcom stock hit an all-time high on June 3, but it has dropped 22% since then. The dip seems surprising as the AI chipmaker had a strong fiscal second qua...
Broadcom (NASDAQ:AVGO | AVGO Price Prediction) is now being talked about in $200 billion increments.
He's now lukewarm on its prospects with his new hold rating. Meanwhile, AI developer DeepSeek is reportedly working on a proprietary AI chip.