Jensen Quality Growth Takes New Broadcom Stake, Calling It a Core AI Supplier

Overview

• Jensen disclosed a new position in Broadcom in Q4 2025 and described the company as emerging as a core supplier to the global build-out of artificial intelligence systems.
• The firm cited Broadcom’s co-developed custom AI accelerators with hyperscalers and its high‑speed Ethernet switches, routers, and optical components as key to connecting large AI clusters and tapping multiple structural growth drivers.
• Broadcom closed at $332.77 on March 5, 2026, with a one‑month return of −0.05%, a 52‑week gain of 70.69%, and a market capitalization of $1.578 trillion.
• Jensen’s Quality Growth Equity Strategy returned −0.55% (net) in Q4 2025 versus 2.66% for the S&P 500, with relative weakness tied to Industrials and the outperformance of lower‑quality stocks.
• The portfolio added Amazon and Motorola Solutions alongside Broadcom, and it exited Zoetis, Accenture, and Amphenol, citing deteriorating growth prospects at Zoetis and redeploying capital toward higher risk‑adjusted opportunities, including earlier increases in Eli Lilly.