Broadcom (AVGO) Surged on Insatiable Demand

Core Insights - Columbia Threadneedle Investments reported a strong performance for its Global Technology Growth Strategy in Q2 2025, with a composite return of 25.11% gross of fees and 24.85% net of fees, outperforming the S&P Global 1200 Information Technology Index which returned 23.66% [1] Company Performance - Broadcom Inc. (NASDAQ:AVGO) demonstrated significant growth, with a one-month return of 13.68% and a remarkable 93.77% increase in share value over the past 52 weeks, closing at $338.79 per share on September 22, 2025, and achieving a market capitalization of $1.6 trillion [2][3] - Broadcom Inc. is experiencing strong demand for its custom accelerator chips, with expectations of continued growth in AI-related semiconductor sales, marking 10 consecutive quarters of growth in this segment [3] Financial Highlights - In Q3 2025, Broadcom Inc. reported record revenue of $16 billion, reflecting a 22% year-over-year increase [4] - The company ranks 12th among the 30 Most Popular Stocks Among Hedge Funds, with 156 hedge fund portfolios holding its stock at the end of Q2 2025, a slight decrease from 158 in the previous quarter [4]