Broadcom Inc. (AVGO): Billionaire Ken Fisher’s Favorite Chip Stock

Broadcom Inc. (AVGO): Billionaire Ken Fisher’s Favorite Chip Stock

By Usman Kabir
Publication Date: 2026-03-17 20:23:00

Broadcom Inc. (NASDAQ:AVGO) is one of Billionaire Ken Fisher’s 15 Most Notable Moves for 2026.

Broadcom Inc. (NASDAQ:AVGO) is a relatively newer addition to the 13F portfolio of Fisher Asset Management, given that it is a major position, comprising over 1.6% of the total portfolio, when other major positions have been held by the fund for more than a decade or more. However, the company has more than pulled its weight, crossing over $1 trillion in market capitalization at the end of 2024, becoming part of an elite group of companies on the US stock market to achieve this feat. Fisher had opened a position in the company in the last quarter of 2021, just before the AI boom led to a crazy spike in the stock price of Broadcom. This holding, comprising close to 8 million shares, rose to more than 23 million shares at the end of 2024. However, it has been trimmed since then. At the end of the fourth quarter of 2025, the fund held close to 14 million shares in the firm.