Broadcom Inc. sees varied investor stock adjustments as its AI semiconductor business remains strong.

Broadcom Inc. saw varied changes in stock holdings among different investors in the latest quarter. Css LLC Il reduced its holdings by 45.3%, while Inspire Trust Co. N.A. increased its holdings by 0.5%. Renaissance Investment Management highlighted Broadcom's strong operating results driven by AI semiconductors and connectivity solutions, despite a stock decline. Pinkerton Retirement Specialists LLC and EDENTREE ASSET MANAGEMENT Ltd also reduced their holdings. Broadcom's stock has a "Moderate Buy" rating with a target price of $229.48.