Billionaire Ken Fisher’s 5 Most Notable Moves for 2026

1. Broadcom Inc. (NASDAQ:AVGO)

Fisher Asset Management’s Stake: $4.8 Billion

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.

Earlier this month, Broadcom Inc. (NASDAQ:AVGO) projected that AI chip revenue for the firm would surpass $100 billion in 2027 as AI demand accelerates. The chip firm guided for consolidated revenue of around $22 billion in Q2 2026, up 47% year-on-year. It also expects semiconductor revenue of approximately $14.8 billion, with AI semiconductor revenue projected at $10.7 billion, up roughly 140% year-on-year.

Broadcom Inc. (NASDAQ:AVGO) designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. It offers networking connectivity, such as custom silicon solutions, ethernet switching and routing, ethernet NIC controllers, physical layer devices, and fiber optic components.

While we acknowledge the risk and potential of AVGO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVGO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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