Nvidia alternative: Fund manager likes 'overlooked' chipmaker with mega AI chip sales
Nvidia may be dominating headlines, but one portfolio manager has her sights on this "overlooked" stock.
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Nvidia may be dominating headlines, but one portfolio manager has her sights on this "overlooked" stock.
Cibc World Markets Corp bought a new position in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund bought 285,818 shares of the semiconductor manufacturer’s stock, valued at approximately $319,044,000. Broadcom makes up approximately 1.7% of Cibc World Markets Corp’s investment portfolio, making the stock its 11th […]
Epoch Investment Partners Inc. grew its stake in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 12.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 372,104 shares of the semiconductor manufacturer’s stock after acquiring an additional 39,825 shares during the period. Broadcom […]
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Dow Jones futures: The stock market is at highs. Apple's AI push, the Fed rate "dot-plot" and the Tesla shareholder meeting are in focus.