30 Best AI Stocks to Buy According to Billionaires

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6. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 161

Number of Billionaire Investors: 25

Value of Billionaire Holdings: $14 Billion 

Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor infrastructure software solutions. Investment advisory Daiwa recently highlighted four strong drivers for Broadcom in 2025. These included the application specific integrated circuit / XPU business of the chipmaker, the networking business, the VMware acquisition, and the coming rebound in the broader semiconductor market. Keeping in mind these drivers, analyst Louis Miscioscia upgraded the stock to Buy from Outperform, but lowered the price target to $225 from $275. The advisory cautioned that potential negatives included tariffs, the upcoming AI Diffusion Rule, and the possibility that the AI market takes a downturn. The chip giant recently announced a new share buyback program worth up to $10 billion.

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