Broadcom’s AI-driven growth spurs increased investment from Canadian pension fund and wealth manager

Broadcom (NASDAQ:AVGO) is experiencing rapid expansion in its AI semiconductor segment, with revenue reportedly compounding at triple‑digit rates and CEO Hock Tan targeting $100 billion in AI sales by 2027. The strong outlook has attracted additional investor interest.

Canada Post Corp’s registered pension plan lists Broadcom as its tenth‑largest holding, while WealthPlan Investment Management LLC raised its Broadcom position by 76.6% in the fourth quarter, ending the period with 22,463 shares. These moves reflect confidence among institutional investors in Broadcom’s future performance amid the AI infrastructure boom.