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American Century Investments funds have established new positions in Nasdaq-listed Broadcom (AVGO), optimistic about its AI-driven semiconductor growth.
American Century Investments' Focused Dynamic Growth Fund disclosed in its Q2 2026 investor letter that it has initiated a new position in Broadcom Inc. (NASDAQ:AVGO), a provider of semiconductor and infrastructure software solutions. The fund stated that the rationale for the new position is Broadcom's leading market position in custom ASICs and networking chips, and the attractive growth driven by AI in semiconductors. As of September 8, Broadcom's stock price was $368.56, having fallen 13.20% over the past month.
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Source：Yahoo财经 · Source Link
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