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Broadcom (AVGO): The Non-Nvidia Winner in Chip Designers
BroadcomBroadcom(US:AVGO) Yahoo Financeยท2025-10-06 14:47

Core Insights - Middle Coast Investing's third-quarter 2025 investor letter indicates a favorable performance, with its portfolio outperforming the S&P 500, returning 9.6% compared to the S&P 500's 7.8% [1] - The Core U.S. portfolios returned 10%, while the Russell 2000 returned 12%, the S&P 600 returned 8.7%, and the Nasdaq generated 11.2% during the same period [1] - European Portfolios appreciated by 5.5% in Q3 2025 [1] Company Focus: Broadcom Inc. (NASDAQ:AVGO) - Broadcom Inc. is highlighted as a significant player in the semiconductor and infrastructure software solutions sector, with a one-month return of -2.04% and a 52-week gain of 93.39% [2] - As of October 3, 2025, Broadcom's stock closed at $338.37 per share, with a market capitalization of $1.598 trillion [2] - Broadcom is viewed as a key player in the AI sector, described as the "non-Nvidia winner" among chip designers, trading at approximately 85x trailing earnings and 36x next year's earnings [3] Financial Performance - In the fiscal third quarter of 2025, Broadcom reported record revenue of $16 billion, reflecting a 22% year-over-year increase [4] - Broadcom is ranked 12th among the 30 Most Popular Stocks Among Hedge Funds, with 156 hedge fund portfolios holding its stock at the end of Q2 2025 [4]